One wouldn’t know it by looking at the market, but the biggest developing story today was Russia’s threat to intercept any aircraft – including US – flying in the area of operations of the Russian Aerospace Forces in Syria, and “be followed as targets” after yesterday’s downing by a US F-18 of a Syrian Su-22 fighter jet. Moments ago the US responded to this unmistakable deterioration in relations between the two nations, when a Pentagon spokesman said U.S. pilots over Syria will defend themselves if attacked by Russians. Continue reading