> We should not react to such news at all, it would solve the terrorist problem and the economic issues in one go. That isn't how markets work and, more import

> We should not react to such news at all, it would solve the terrorist problem and the economic issues in one go. That isn't how markets work and, more importantly, if you were to institute some policy that forced them to work that way, you'd get less liquidity. In my opinion, these shocks are a sign that the market is actually working properly. As an aside, I know a lot of people who faded the move (remember, you have a choice!) and made quite a bit of money (smallest number I heard was $50k).