Market Recap – March 7th💰

Market Recap – March 7th

Markets continued their bearish trajectory on Monday as the Ukraine conflict continued with little end in sight. Key events marking rising fear and minimal optimism around the conflict include Russia’s invasion of a Ukrainian Nuclear Powerplant – risking a potential public safety disaster – as well as Russia’s failure to comply with their own ceasefire to let civilians leave Ukraine. Beyond this Stagflation could become a concern as the economic disruptions related to the global supply of energy grow. When looking at two specific investments we are watching Bed Bath & Beyond as well as Moderna. Bed Bath & Beyond shares surged after GameStop’s CEO revealed he owned a stake in the company, and Moderna reached a preliminary agreement to build a vaccine manufacturing plant in Africa.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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