Aside from the blip earlier today, the market is showing some resilience on the Ukraine front. It looks like warnings from US officials aren't a catalyst for moves anymore. The market has grown skeptical and it will take signs of Russian military intervention to kick things off.
That said, the fighting in Luhansk today is a reminder that rebels there have an incentive to stir things up. Their best chance at independence might be to draw Russia's military in.
