Market Extra: Why investors are so chill about North Korea, hurricanes, and everything else

Aside from the occasional wobble, investors continue to take the threat of military conflict, including potentially the nuclear kind, and other threats in stride.

While the market’s ability to hold its own is perplexing to some observers, others argue that it makes sense given what remains a backdrop of bullish fundamentals. At the same time, the same analysts argue that investors might want to take a little money off the table.

Despite earnings growth, an improving global economy, and continued low interest rates in the developed world, “some people seem to think it a bad thing that the stock market hasn’t capitulated and sold off by now this year,” said Andrew Adams, analyst at Raymond James, in a Wednesday note.

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