If there was any subtlety to Russia’s increasingly intimidating behavior toward Ukraine in recent weeks, it gave way today as Putin launched a full-scale military invasion of its neighbor. How this plays out is unclear, except that whatever unfolds it’s obvious that a major geopolitical regime shift has been triggered. Exactly what this means for the global economy, markets, international relations and beyond is hazy at best this morning. Meanwhile, here are three key questions to ponder as a needless war begins just across Europe’s eastern border.
Daily Archives: February 24, 2022
Macro Briefing: 24 February 2022
* Russia invades Ukraine with barrage of missile, artillery and air attacks
* Easing energy price shock by raising output will be limited due to pinched supply
* Gold rises above $1900/oz, highest in over a year, as Russia invades Ukraine
* Oil’s surge will bring double shock of slowing growth and raising inflation
* US and allies poised to roll out further, sweeping sanctions against Russia
* China refuses to condemn Russia’s attack on Ukraine
* Oil prices soar amid worries about future energy supplies:
