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Escalating North Korea tensions were ‘a match to light the fire’ — now markets are at a crucial crossroads

“Now, amid escalating tensions between the US and North Korea, the market finds itself at a crucial crossroads” writes Joe Ciolli for On the flip side, further goading by either the US or North Korea would ratchet tensions even higher, leading to further pain for risk assets.If recent history is any indication, investors may view weakness in risk assets as an attractive entry point for buying more.The mounting conflict came to a head on Thursday, fuelled by some fiery rhetoric from President Donald Trump and aggressive threats from North Korea, serving as a reckoning of sorts for some of the world’s most closely-watched markets.

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