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✿⃝⃟🧢᷃ɴꙴᴇᷞɢᷞᴏꙷ🌸͜͡ꦾ᭄ ғᷫʀᷢᴀⷶsᷤᴇⷷsᷤ✿⃝⃟🧢 Telegram | DID YOU KNOW?
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. This provided opportunity to their linked entities to offload their shares at higher prices and make significant profits at the cost of unsuspecting retail investors. After fleeing Russia, the brothers founded Telegram as a way to communicate outside the Kremlin's orbit. They now run it from Dubai, and Pavel Durov says it has more than 500 million monthly active users. "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." He adds: "Telegram has become my primary news source."
✿⃝⃟🧢᷃ɴꙴᴇᷞɢᷞᴏꙷ🌸͜͡ꦾ᭄ ғᷫʀᷢᴀⷶsᷤᴇⷷsᷤ✿⃝⃟🧢 from SG