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russia sanctions (1)

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Funday Monday Reads

  • EU added 7 rich men and 17 corporations to their list to sanction in Russia. Obama hits them with exports and the banking sector.  Market still not liking the tensions there. 

    Asked in his CNBC interview Wednesday whether Wall Street is right to remain calm over the standoff, Mr. Obama replied: “No.”“I think this time’s different,” he said. “I think they should be concerned…. When you have a situation in which a faction is willing potentially to default on U.S. government obligations then we are in trouble.  (WSJ)

  • Fed whisperer Hilsenrath says it's time to worry…

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