Just to be clear — the situation is very regional. Some parts of Ukraine likely have a majority that wants to be part of Russia, others very certainly want to stay independent.

BTW – the Russian-run referendum in the Crimea was f’ed in multiple ways — for one, it didn’t even give remaining part of Ukraine as a choice.

I doubt that even the current clown in the White House is stupid enough to go to war with (nuclear-armed) Russia. If he’s that crazy, then G-d help us all.

Unless paramount means war in the sense of “taper the taper” … unlikely in the near term. They have their “good” jobs report, can blame GDP on weather for at least another three months, by which point we’ll be down to $25 billion/mo.

I also think that Yellen and the new voting members are more conservative than people expected them to be.