The Ukrainian crisis upsets the investment manual for 2022


Global markets for everything from stocks to oil to wheat are seeing some of the most extreme price swings in decades, a sign of investor unease over unpredictable economic and political dynamics.

After months of turmoil sparked by the prospect of Federal Reserve policy tightening, investors faced a new challenge last week when Russia invaded Ukraine. The geopolitical crisis threatens to dampen economic growth in Europe at a time when inflation is at a 40-year high and the Fed is set to raise interest rates for the first time since 2018.


Wj

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