Archive for February 2022

VIEW PDF VERSION Russia invades and markets shrug The much-predicted and anticipated invasion of Ukraine finally kicked off last Thursday. Russian forces launched “security operations” after declaring two breakaway regions (Luhansk and Donetsk) in the Donbas “independent.” As soon as these regions were declared independent, they asked for help from Russia to protect them against…

Many of you have already asked about the impact tensions between Ukraine and Russia could have on your portfolio. Here’s what we know so far: The White House early Tuesday indicated the U.S. would impose sanctions on Russia – alongside European nations – as Russian President Vladimir Putin ordered troops into separatist-held portions of eastern…

VIEW PDF VERSION A game of chicken (Kyiv) It’s the worst surprise attack in history that hasn’t happened … yet. It was imminent, inevitable, very high threat, a moment of peril, happening any minute. We told our people to get out, we evacuated and moved our embassy, U.S. Secretary of State Antony Blinken went to…

No end in sight yet The market continued to crawl back in the early part of last week before going into a tailspin following the January CPI reading, comments from the Federal Reserve’s James Bullard and heightened Russia-Ukraine tensions. The much-watched Consumer Price Index (CPI) came in at a year-over-year rate of 7.5%, higher than…

Meta’s faceplant! The market was coming back after its worst month since March 2020 — but then the nascent relief rally received a reality check last Thursday. During the early part of last week, we ripped upward on the back of a strong fourth-quarter gross domestic product (GDP) reading, while blowout earnings from Apple and…