Missiles Fired, Exports Bombed, Confidence Targeted

Financial headlines are taking the opportunity of tying the risk-averse move this morning to North Korea. We’re told those friendly folks test fired some missiles -- I think the term ‘nuclear’ was used too. Of course, any activity of this sort tends to remind markets of the instability there.

That’s got markets moving as the US comes out of its Memorial Day weekend. Stock futures are lower; the dollar is higher.