Why Russia’s invasion of Ukraine adds to inflation pressures and should be ‘unsettling’ to stock market, says this strategist
MarketWatch/Christine Idzelis/3-2-2022
“Russia’s invasion of Ukraine may lead to more sustained pressure on the U.S. stock market than investors may be betting on, warns Marko Papic, chief strategist at alternative asset manager Clocktower Group, who sees inflationary parallels to the Yom Kippur war in 1973.”
USAGOLD note: That would be, we are assuming, on top of the inflationary pressures already released by the central bank and federal government’s response to the pandemic.
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