Markets Have Down Week As Escalation Continues in Russia/Ukraine War, Commodity Upside Spooking Markets

We are now more than a week into Russia’s invasion of Ukraine and the escalation of sanctions against the belligerent country occurred faster than some predicted. This was the sixth straight week of weakness and the terrifying headlines of Ukraine surely are reasons for apprehension. Russia’s military appears to be having significant logistical problems. This mixed with a stolid and inspiring Ukrainian resistance has meant that Putin’s progress has been much slower, and costlier than many...

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