Positive economic news stood in stark contrast to deepening fears about the crisis in Ukraine on Monday. As stocks fluctuated throughout the day, it begged the question—which matters more to the market?
If history is a guide, what's happening in Ukraine should not have substantial effects in the medium to long term, according to Andres Garcia-Amaya of JPMorgan Fund.
"Sure there may be some volatility in the short term, but we don't expect this to derail what we currently see," he told CNBC's "Street Signs."
BTIG's Dan Greenhaus agreed. "The effects of these types of global conflicts tend to be relatively short-lived."
However, we live in the here and now, he said. That means prepare for some volatility, which could also mean opportunity.