The Ukraine Is Melting And Only Two Groups In America Understand It: Wall Street And Reddit | Exploring Markets

The Ukraine Is Melting And Only Two Groups In America Understand It: Wall Street And Reddit

News about about turmoil in Ukraine has been making the front page on Reddit for weeks now. Yesterday there was a post about military tanks being shipped around the country and today this was on the front page:


On Wall Street, the markets are falling. Both the Dow Jones Industrial Average and S&P 500 have fallen roughly 2% over the last few weeks. To financial media, the focus has been all about earnings and other economic happenings in the U.S.. This was the front page of the Wall Street Journal today:



And this was the front page of Yahoo Finance:



These examples only go to show the incompetence of modern financial media, and why it should never be an engrained part of your daily routine. Here's what portfolio managers, the ones who manage the money on Wall Street, are actually doing: 



The Ukraine is in a serious political and civil bout. Some pundits even say a civil war is undoubtedly expected. That may sound extreme. But this anecdote from Reddit is startling and supporting of just that: