iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[risk on]

"Putin has offered aid before. He did so to Crimea back in March and we all saw how that turned out.

It follows that any reading of the current scenario as anything but an escalation of the conflict between Russia and Ukraine completely misses the point.

Putin is a smooth operator and a brilliant tactician. Anything that could be seen as a positive step towards peace, must be reevaluated through deeply skeptical eyes.

Peace is of no interest to Putin. It’s not in his nature to like calm. To his mind, calm is the same as defeat and he will never accept defeat."