Geopolitical concerns raise their ugly head again in Europe as Ukraine issued a Monday morning ultimatum to pro-Russian separatists to lay down arms or face an all-out anti-terrorist operation by the country’s armed forces - developments which could ignite fresh hostilities with Russia and which led the United Nations Security Council to hold an emergency session last night.
This is something European stocks didn’t need, considering the bearish trend prevailing over the past few days, precipitated by a sell-off in US tech stocks. Last week European stocks suffered their worst weekly decline of the month after the Europe Stoxx 600 index lost 3.1% on the week, closing at 328.77.
An April 7, 2014 research note by Morgan Stanley analysts Matthew...

