The US stock market appears to be caught in another one of its extended corrections. Is this the start of a long bear market? Or could this be just another garden variety correction that ends quickly? As always, the future’s uncertain. All the more so given the global blowback due to the war in Ukraine.
Daily Archives: March 8, 2022
Macro Briefing: 8 March 2022
* Ukraine president remains defiant as Russian invasion continues
* US moving closer to Russian oil ban
* Russia says it may cut off gas supply to Germany if West bans Russian oil
* Five possible outcomes for the war in Ukraine
* A global food crisis may be lurking due to the war in Ukraine
* UK facing recession if energy prices remain high, research group advises
* Biden will sign exec order for overseeing cryptocurrencies
* US gasoline prices reaches a record high
* Can China bail out Russia’s economy? That’s going to be quite challenging
* Despite surging oil prices, Russia’s oil industry is heading for rough times
* Germany’s industrial output surged in January, ahead of the war in Ukraine
* US Dollar Index at highest in nearly 2 years as demand increases for safe assets :