Surprise: Putin punked everyone again.
But it's all good because the fake de-escalation allowed the rigged Dow Jones to close at a new all time high inspiring Americans full of "confidence" so they can go ahead and spend money they don't have to boost US Q2 GDP: after all it has a ways to go to hit Goldman's 3.9% quarterly target.
And now it's time to unleash the Kerry once again, who will explain all the "cost" nuances the Kremlin has missed for the past two months, and we get round X+1 of "de-escalation" headlines next week again which in turn pushed the DJIA to record-est highs. Rinse. Repeat.