I think the market has been allowing for a Ukrainian fiasco for a few months. After the move was made and Biden didn’t airlift the 82nd in, the market has perhaps written the conflict off as pretty much over. In reality, getting the Ukraine aligned back in the Russian sphere might be seen as plus on Wall Street as it does stabilize the area.
“In reality, getting the Ukraine aligned back in the Russian sphere might be seen as plus on Wall Street as it does stabilize the area.”
I see WEF giving up Ukraine to Russia for better management, perhaps? (Russia and Ukraine produce 25% of worlds wheat).
Sorry for the folks in Ukraine.