Wednesday, November 25, 2015

Russian Jet Downed by Turkish Forces, Raising Middle East Tensions Dramatically. What to Expect Next ...

Tuesday, November 24, 2015
Money and Markets
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Russian Jet Downed by Turkish Forces, Raising Middle East Tensions Dramatically. What to Expect Next ...
By Mike Larson

Market Roundup
Dow
17,812.19 (+19.51)
Gold
$1,075.20 (+$8.40)
Oil
$42.90 (+$1.15)

Competing bands of rebels and government forces fighting on the ground. Terrorist groups operating throughout the region. Covert funding and weapons supplies flooding in from regional and far-flung governments. Fighter jets and drones being flown by several global and local air forces.
Syria and northern Iraq have all that and more — and today, it came to a head when Turkish forces shot a Russian Sukhoi Su-24 fighter jet out of the sky. Turkey said two of its F-16 fighters downed the plane, while Russian president Vladimir Putin called it a “stab in the back that will have serious consequences.”

Mike Larson
Mike Larson graduated from Boston University with a B.S. degree in Journalism and a B.A. degree in English in 1998, and went to work for Bankrate.com. There, he learned the mortgage and interest rates markets inside and out. Mike then joined Weiss Research in 2001. He is the editor of Safe Money Report. He is often quoted by the Washington Post, Reuters, Dow Jones Newswires, Orlando Sentinel, Palm Beach Post and Sun-Sentinel, and he has appeared on CNN, Bloomberg Television and CNBC.
The investment strategy and opinions expressed in this article are those of the author’s and do not necessarily reflect those of any other editor at Weiss Research or the company as a whole.

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