Lawrence Kudlow notes all of this and concludes:
All these markets are showing a lot of confidence in the future. I have long believed that stock indexes reflect the health, wealth and security of individual nations. Despite the radical Islamist assault and its attempted fear tactics, rising equity bourses surely suggest that the U.S.-British allied coalition of the willing is slowly but surely making enormous gains to defeat the totalitarians and to spread democracy and freedom worldwide.
This seems right to me.