Emerging Markets: The Ukraine/Russia situation has deteriorated further.
Russia-backed separatists currently control less than half of the Luhansk/Donetsk region. Which portion of the region did Putin recognize as “independent”? If it’s the whole area, the act will likely lead to war.
Will Russian “peacekeepers” push across the Minsk Protocol buffer zone?
Commodities: Grain prices are surging due to Black Sea supply concerns (potential disruptions from a Ukraine/Russia armed conflict).
China: Beijing continues its regulatory crackdown on tech firms.
Equities: Stock futures are heavy this morning as fears of an armed conflict in Eastern Europe spook investors. It’s worth noting that the impact of such a conflict on US corporate earnings would be very limited.
The Nasdaq 100 futures are approaching bear market territory.
Rates: What does the public think happens when the fed funds rate rises?
Food for Thought: Damage inflicted on the pavement:
Edited by Devon Lall
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