Saturday, February 19, 2022

1 Thessalonians 5:3

 


US stocks could tumble almost 20% on Russia-Ukraine tensions — and investors are being too complacent, RBC says


"Russia-Ukraine tensions could drive US stocks down by about 20%, RBC Capital Markets says."

(That's a very conservative estimate as to how far they will fall)

"US equity investors aren't recognizing the risks posed by the potential conflict, they said."

(They being RBC Capitol markets)

"The Ukraine crisis has injected yet more volatility. Investors are particularly worried that a war involving Russia, a major energy supplier, could push red-hot inflation even higher."

(Really? No kidding? Who could have ever thought that? It's kinda the point here yo-yo's, along with a lot of other things.)



1 Thessalonians 5:3

For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

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