War, turmoil and chaos tend to shorten our attention span, and Russia’s invasion of Ukraine is no different. As the world reels from the crisis, the blowback is rippling across the world economy and markets. Volatility and uncertainty have spiked – for the short term. But when it’s hard to look past the next 24 hours, it’s still useful to think long term as a tool to look through the crisis and consider how the long game may unfold for investment strategies.
Daily Archives: March 2, 2022
Macro Briefing: 2 March 2022
* Biden says he’ll halt Russia, fight inflation in State of the Union address
* Oil prices at risk of skyrocketing from already high levels
* Brent oil, the international benchmark, tops $110 a barrel on Wednesday
* Three paths for how the Ukraine war ends
* Global supply chains face new pressures as Ukraine war continues
* White House says US is realigning trade policy toward China
* Eurozone headline inflation rises to record 5.1% January as core inflation eases
* Global manufacturing activity registers moderate pace of growth in February
* US manufacturing activity posts another solid performance in Feb via ISM data
* US Q1 GDP estimate now at 0% growth via Atlanta Fed’s GDPNow model: