There are many reasons to be bearish on risk currencies, the EUR and other risk assets. Fear of a protracted economic sanctions war between Russian and the West isn’t one of them. Here’s why and what to do if markets sell off on related fears
The following is a partial summary of the conclusions from the fxempire.com  fxempire.com ’ meeting in which we cover the top real and imagined market movers worthy of a special report.
Summary
—In the end sanctions are unlikely to be much more than symbolic, business continues as usual, certainly between Europe and Russia. That means sanctions for US firms lose value, and purpose.
—Russia’s position as a primary energy supplier alone minimizes chances of sustained Western economic sanctions
—Russia’s economy would also suffer from an economic sanctions war, but Putin has far more political support for this conflict than Western leaders
—Control over its neighbors is far more important to Russia than for the West
—Guidelines on how to play a Russia vs. West escalation-driven market selloff.
Fools rush in
Where angels fear to tread…
…Fools rush in
Where wise men never go
(Song: “Fools Rush In (Where Angels Fear to Tread)†-Lyrics By Johnny Mercer)
Buy when there’s blood in the streets – Baron Rothschild
Be greedy when others are fearful – Warren Buffet
Fools Russian: 1 Chart Shows Why Russia Tension-Related Selloffs A Buying Opportunity
Via:Â Business Insider/Matthew Boesler
06 Apr. 20 04.37
Given the facts in just this one graphic, Europe has every motivation to avoid a sanctions war with Russia.
If the above isn’t enough proof for you, the EU’s real leaders have little enthusiasm for curtailing trade with Russia.
First, consider Germany’s position. Wolf Richter had a great piece on that back in March, German Exporters Fire Warning Shot About Russia “Sanction-Spiral,†Banks At Risk. Highlights include:
