On the SPOT blog (03/11/2022) [M..]
Updated: Aug 31, 2022
Wall Street had a rough week as the investors digested the implications of sanctions on Russia in deeply inter-dependent world of Supply Chain and Finance. Volkswagen CEO seemed to have indicated that the impact of Russia-Ukraine war and sanctions could be worse than the pandemic for Europe. Future valuations of most companies appear to be speculative until the earnings season sheds light on what the companies are seeing. Next week, at least one big item will become clear i.e. the Federal Reserve's decision on interest rate. In the mean time, let's stick to discussing stocks of relatively stable brand names that seemed to have declined in recent environment.
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