BofA says ‘There is No Clear Off-Ramp’ for Russia
BofA says ‘There is no clear off-ramp’ for Russia and ‘it’s like catching a falling knife,’ issues dire prediction for global economy.
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Markets Functioning Well, But War and Sanctions Add Strains-U.S. Treasury Official
Financial markets functioned well since Russia invaded Ukraine and West hit Moscow with crippling sanctions, markets are showing some signs of strain.
Morgan Stanley and Citi Strategists See Equities Storm Forming
“Downside risk remains most acute over the next 6-8 weeks,” Morgan Stanley’s Michael Wilson wrote in a note to clients.
Yield Curve Recession Signal Intensifies as War Fuels 'Stagflation' Fears
An inverted curve, where rates on short-term government debt exceed those on longer-term debt, has reliably predicted past recessions.
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
DJ Russia GDR Index, tracking London-traded Russian companies, plunged 98% in two weeks. The slump wiped out $572 billion market value of 23 stocks.
Why the Stock Market Refuses to Plunge on Russia-Ukraine Crisis
All in all, the stock market is hanging tough in what has been a turbulent two weeks for humanity.
US Bank Exposure to Russia 'Minimal': Analyst
The relative size of Russia, as well as the country’s limited dealings with U.S. firms, should contain the risk from a potential economic collapse.
