Posted on 02/27/2022 3:12:20 PM PST by Levy78
U.S. stock futures moved lower in overnight trading on Sunday as investors grew concerned about the economic ramifications of the fighting between Russia and Ukraine.
Dow futures dropped more than 500 points. S&P 500 futures fell 2.5% and Nasdaq 100 futures lost 3.2%.
U.S. and global equities experienced volatile trading last week as geopolitical tensions between Russia and Ukraine escalated. Early Thursday morning local time, Moscow launched military action in Ukraine.
Throughout the weekend, the Russian advance into Ukraine continued. Russian military vehicles entered Ukraine’s second-largest city Kharkiv with reports of fighting taking place and residents being warned to stay in shelters.
(Excerpt) Read more at cnbc.com ...
dems push sanctions which turn out to hurt the US more than Russia
typical win-win for democrats
I think I’m going to line up at the bank. Bidens Cloward-Piven strategy is coming to a head.
So true… a two-fer for the Dems
Maybe that 0% reserve requirement was not such a good idea.
These misfits in D.C. will us Ukraine/Russia, to beat American’s about the head, while at the same time blaming Russia/Ukraine for all their failures.
It’s already started.
Put a thousand in cash in your safe, Brandon is a kook.
Democrats , the Dumbest Race on the planet
Put 40 pieces of Silver in your Mattress, fiat is fooked.
(or more)
I only use my bank for direct deposit then I pull most of it out in cash leaving just enough for paying monthly bills electronically.
Maybe should just take it all out and write checks and sending it io via snail mail.
Good time to cover my short positions.
The Klauss Schwab acolytes running Canaduh brought that point home in the last couple of weeks.
Enjoy it while it lasts. Ca$h is under pressure and is an endangered species.
Of course one may still be able to get a shot glass through barter for a while.
Sounds like it’s time to buy?
Some nice volatility we’ve been having.
I hear the Ruble is strong...
Well on the bright side I loaded up with a leveraged VIX product, UVXY, last week so I’m good.
If things got that bad, gold and silver are meaningless.
Violent men and guns are gold.
I’m investing in some Turkish lira’s personally.
Some bond guy I listen to on YouTube claims the insurance companies selling guaranteed annuities are automatically programed to dump equities for bonds once VIX hits 37 resulting in a huge crash. Don’t know if that’s the case, but tomorrow should test his claim. Of course the Fed still has its finger in the punch bowl for at least another 2 weeks, so nothing is guaranteed.
Your wife and daughter will be worth more in trade at that point.
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