This tragic event in itself isn’t a reason to do anything, but it might be blamed for a market dislocation that’s probably going to happen sooner than later. There’s been growing evidence world’s economy is slowing down and certainly many stock markets around the world aren’t pricing that slow down in. At some point a country in the Euro is going to leave it and when that happens I think the Euro will fail. Of course the timing is hard. The euro and/or stock markets could be higher from here in the short or medium term. If you short the Euro now you’ll probably be right at some point a few years from now but you might not be right a month from now or even a year from now.
