Market Insider

Market strategist sees rational end to Ukraine showdown

Traders work on the floor of the New York Stock Exchange on Monday.
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How long Wall Street gets hammered by worries about Ukraine comes down to whether cooler heads prevail, and there's little upside to any of the players involved for the standoff to escalate.

That's the view of one market strategist, at least.

"The world is going to want to find a compromise here that doesn't involve a lot of bloodshed or a takeover," said David Kelly, chief market strategist at J.P. Morgan Funds.