Sunday, March 11, 2018

North Korea News Note

Thursday (March 8) the world got a surprise announcement that North Korea is offering to meet with US President Donald Trump to discuss potential denuclearization by North Korea. Pundits quickly started to debate whether North Korea is serious and whether or not this was a "win" for President Trump. Here, we are more concerned on any impact events related to North Korea may have on global markets and financial stability.

It is important to continue to monitor this story to see if peace will be achieved and take potential major conflict between the US and North Korea off the table. Obviously, it is too early to tell. Hopefully, this is a legitimate offer by North Korea and can actually ramp down the global tension and lead to a long term resolution of the problem. We will just continue to follow it here.

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