Escalation is protests and police response in Honk Kong airport. Can't see this affecting world markets, but it's somewhat disconcerting.
Well, a couple of things to consider: 1) It's one of the busiest airports in the world and hinders a lot of business deals and tourism and 2) It could cause things to escalate further and China potentially step in, which would turn into a mess that would likely affect markets around the world.
But keep in mind, there's Argentina, Iran, China, Hong Kong, Singapore, Japan/South Korea spats, North Korea firing off missiles into the sea, craziness in Italy, etc. So, take your pick. ha-ha. Lots of craziness/turmoil out there. And markets are already overvalued, while all of this is going on. So it's a great time for insitutions to take money off the table and it's a great time for metals.
Not to mention Kashmir.