There's A Bunch Of Bad News Going On

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Reuters

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Good morning, there's a bunch of bad news!

Here's a really quick skim:

  • Ukraine's Prime Minister says that Russian troops have officially invaded his country.
  • There's more bad economic data out of Europe. Confidence is collapsing.
  • Yields on European government debt continue to plunge.
  • Markets are down across the board.
  • There are new fears about a major volcanic eruption in Iceland.
  • The World Health Organization says that there could be as many as 20,000 Ebola victims before the current.
  • This one isn't really "bad" news, but a Member of Parliament David Cameron's conservative party in the UK has defected to anti-EU party UKIP, a shocking blow.

Of the stories, probably the biggest news is the Ukraine invasion. Read more about that here.