Global equity markets have stabilized in the past few after having a few rough weeks since the Russian invasion of Ukraine. Unlike last year, markets this year started on shaky note facing a multitude of headwinds from inflation to interest rate raises. Then came the shock of a new year in Europe. It remains to be seen how the rest of the year plays out.
The S&P 500 is still down about 7% YTD. Most European markets strengthened as well last week. The DAX index is off by around 9% so far this year. With that said, below are a few interesting reads for the weekend:
- Americans Are Having an Inflation ‘Aha’ Moment, WSJ
- Live free or pump gas, FT Alphaville
- David Stevenson: Five big risks that could cause a crash, City Wire
- Analysis: Europe faces struggle to escape Russian gas this year, Reuters
- The mistakes pharmaceutical companies made with their Covid vaccines, MoneyWeek
- How the West let down Ukraine, Spiked
- Why Western sanctions on Russia will backfire, Asia Times
- Russia’s invasion of Ukraine – repercussions, CWB McLean & Partners Wealth Management Ltd.
- Defense giants quietly making billions on Ukraine war, Asia Times
- The impacts of military and geopolitical crises on share markets, First Links
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