“As we continue to isolate Russia because of their actions, there will be some turmoil in the markets,” said President and Chief Investment Officer, Jerry Braakman. The increasing tensions over the invasion of Ukraine is influencing the economy in many ways including increasing oil prices, multiple countries severing ties with some Russian banks and a growing bond market. In addition, there is an increasing concern on how this will affect inflation and the U.S. central banks’ plans on tightening monetary policy.
Read more about the current stock market and how investors are reacting in this article by The Wall Street Journal.
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