The Worst Is Yet to Come for the Stock Market. So Is a Swift Snapback.
It’s the end of the world as we know it. The stock market, however, isn’t going anywhere.
The last full trading week of February ended with optimism that Russia’s invasion of Ukraine would end quickly and not become a global issue. How wrong we were. The scenes out of Ukraine have been devastating, and while resistance has been stiff, Russia’s tactics have gotten more extreme. Europe has rallied together in response, but sanctions don’t look like they will bring a speedy end to the war.
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