It’s not an invasion, but it’s no longer the status quo of recent history. Let’s call it taking the asymmetric-warfare playbook up several notches and raising the threat of conventional military combat closer to Europe’s eastern border. Whatever you call it, the decision by President Putin to send Russian troops into eastern Ukraine on a “peacekeeping” mission substantially raises uncertainty and increases risk for the global economy and financial markets.
Daily Archives: February 22, 2022
Macro Briefing: 22 February 2022
* Putin orders troops into eastern Ukraine on “peacekeeping” mission
* US and European governments set to roll out new sanctions on Russia
* Will Putin’s troops stop in eastern Ukraine or is this start of full invasion?
* Oil prices rise amid higher geopolitical tension
* Bearish bets on stocks are surging
* Spike in geopolitical risk takes a bite out of cryptocurrencies
* What’s at stake for the global economy as conflict draws closer in Ukraine?
* Fed Governor Bowman suggests 1/2-point hike possible if inflation is hot
* Gold trades near 9-month high as Putin orders troops into eastern Ukraine:
