Ukraine Crisis a Potential Black Swan Event

Posted by Charles Robertson: Global Chief Economist Renaissance Capital

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imagesGlobal financial markets turned down on Thursday, and gold and treasuries gained as the crisis in Ukraine took a nasty turn with the mobilization of 150,000 troops amid the seizure of government buildings in the Crimea.

Charles Robertson, global chief economist at Renaissance Capital, talks about Crimea and says we’ve seen ‘three or four days of incredibly rapid moves’ and warns that Putin ‘doesn’t react rationally’…