On the SPOT blog (02/11/2022) [M..]
Updated: Aug 31, 2022
Markets closed in deep red today and there was nothing surprising about it in that all the factors affecting the markets in January continue to persist with greater amplitude. Supply chain issues, Inflation, Russia-Ukraine situation, all seem to have gotten worse. That last factor seemed to have a pronounced impact on the US equity markets today. White House seems to have indicated that Russia has enough troops readied to be able to invade Ukraine and a call between President Biden and his Russian counterpart Vladimir Putin is scheduled for tomorrow. Interesting "chess game" going on in Europe and if you are either of these world leaders then you have a very interesting position and potential next moves.
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