Market Talk
I have been circumspect on the market suggesting maintaining more dry powder. Geopolitical concerns and raging inflation are just a few reasons after the markets recently attained all-time highs.
Russia is reported to now have 190,000 military personnel at or near the Ukraine. The odds seem to be increasing of an incursion into some parts of Ukraine. The drums of war are escalating tensions.
The freedom rider trucker convoy in Canada are in standoff with Canada using it an excuse to crack down on crypto funding. It raises the question if the trend will continue causing pressure on bitcoin.
The stock market is closed on Monday. A skittish market as to what the world and the impact of sanctions should Russia launch an attack. Once again, I say here that it's clear Putin wants something to come out of military actions that talking did not resolve to their satisfaction.
Aside from unpleasant war and potential deaths, the uncertainty to the market, such as in oil being cut off and now planned nuclear exercises by Russian being led by Putin? The democrats have discouraged oil and gas production here in the US, losing the advantage of being energy independent.
Stock Talk
As far as the market and stocks goes, who can blame it for taking cover on uncertainty?
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ALL in my humble opinion, scroll down and read more..
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