Geopolitics is back on the front burner of the market place late this week, and with a double-barrel blast. On Thursday morning a Malaysian airliner was shot down on the Russia-Ukraine border, and on Thursday afternoon Israel started a ground offensive against Hamas on the Gaza strip. World stock markets recoiled on the two major world developments.

However, as world trading moved from Asia, to Europe, to the U.S. Friday the market place settled down a bit