Fᴏɴᴅᴏs Vɪɴᴛᴀɢᴇ 🍨

Fᴏɴᴅᴏs Vɪɴᴛᴀɢᴇ 🍨

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The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Russian President Vladimir Putin launched Russia's invasion of Ukraine in the early-morning hours of February 24, targeting several key cities with military strikes. "The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted.
Fᴏɴᴅᴏs Vɪɴᴛᴀɢᴇ 🍨 from kr

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