Read the Qu'ran to learn the fundamentals of Islam. Mohammed is clear in writings 1,400 years ago or so that Islam is to respect other religions and believers. Yes, there are many arguments trying to drag the message in all sorts of different directions, certainly you can find history to support your prejudices providing you turn a blind eye to 'inconvenient" events. If you look at Christianity (and I am a Christian) you will find murders citing God's will as justification for the assassinations they commit. Apparently they do not care about the prime directives "Judgment is Mine." and "Have no god before Me."
Now let's muse on the short term a few moments. Following is a chart of results for today and the past 5 days for BBT and 10 banks that I use to have some sense of individual bank versus market.
Bank Today 5 day%
BBT -2.85% -8.01%
BAC -3.54% -8.97%
C -5.11% -9.03%
JPM -4.03% -8.84%
KEY -3.56% -8.08%
PNC -2.52% -7.08%
SNV -2.94% -7.65%
STI -4.15% -8.87%
USB -1.97% -6.37%
WFC -2.85% -8.15%
XLF -2.82% -6.69%
While the results are horrible the fact is that BBT is much less horrible than most of the other 10.
What might be spooking the markets?
China is making a land sea grab in the South China Sea that would seriously restrict maritime shipping for the rest of the world in that area.
North Korea (bless their hearts) is ranting in the press about successful test of a HYDROGEN bomb. Technical issues involving the possible accuracy of that boast are discussed exhaustively in most public media. I will not try to recap or summarize any of that, but I do note that what is important is that NK is obsessed about their delusion of becoming a global power to be reckoned with. Yes it is totally silly of NK BUT they have so little to lose they might be hoping no one will take them down running the risks...
The Middle East and the lies about Islam being spewed by a handful of very sick people.would take a few books and would never be completed. Suffice it to say that NOT Islam nor any significant numbers of believers have attacked America over the past 30 years or so. America has been attacked many times at the instigation of sick individuals who pervert the messages of Islam and blaspheme Allah in acting out their shared delusions.
6.67 million Believers of Islam are resident in America. the great majority not from Arab lands but from Asia. Roughly 3 million are adults and I would think at least a million of the younger individuals are teenagers who are susceptible to proselytizing by the ISIS dictators.
Uncertainty the fallout from Greece and the Eurozone brinksmanship. It all seems very far away from here but if things do not find a rational conclusion the fallout could easily be global. Then there is ISIS, Taleban, Boko Haram, Al Qaeda, China's saber rattling, ideologues and zealots in firm control of the US legislature and more than a few state houses, ... What could possibly go wrong?