In the wake of a historically dreadful shooting in New Zealand, one of the statistically safest countries in the world, you would be forgiven for thinking that financial markets would be reeling from the horror of seeing 49 people gunned down. NZ is not the United States in terms of gun violence – the last time that more than ten people died in a shooting was 1990, nearly 20 years ago. Instead, there was an apparent bout of risk-on, with major US indices like the Dow Jones and Nasdaq rising sharply on the day. One area where analysts did believe
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