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Russia’s Nuclear Threat

Reports emerged that Russian troops had launched Intercontinental Ballistic Missiles at Ukraine earlier Thursday morning, though it’s unclear whether the missiles were actual ICBMs or something else. ICBMs have the power to traverse continents and could, for instance, strike Chicago from a base located 5,689 miles away, according to a fact sheet from the Center for Arms Control and Non-Proliferation, a nonprofit dedicated to eliminating nuclear threats. The missiles are also designed to carry nuclear warheads, though one wasn’t used in this case. If the reports are true, this would be the first time Russia has used such weapons since it invaded Ukraine in February 2022. The threat of nuclear war seems higher than it has in ages, but the stock market wants what wants—and it wants to go higher. Why are the threats not affecting the stocks much ?

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