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How New Malaysia Airlines Details Will Manipulate Markets


Details continue to emerge about the downed Malaysia Airlines flight in Ukraine. Safanad chief investment strategist John Rutledge tells TheStreet's Joe Deaux that he is surprised the stock market is rising and gold is falling as he expected the heightened geopolitical tensions in the Ukraine-Russia situation would keep fear in the marketplace. Rutledge says he doesn't expect the United States to get involved in the situation. While U.S. intelligence says the plane was shot down by a missile, Russia has denied any responsibility. Ukraine also says it was not responsible for the crash.