Ukraine Update
A few months ago, the Ukraine conflict was everywhere. From the news to social media, even here in the Invstr Crunch. With lives on the line and strong opinions everywhere, it is complex to navigate the social, political, and economic ramifications of what is going on, if you’re even able to keep track of some of it. Moreover, with so much time passing after the conflict, it’s hard to say what’s going on in Ukraine. Some recent reports seem to point towards the fact that Western artillery given to Ukraine is finally starting to have an impact on Russia’s slowly advancing forces. Even so, Russia seems adamant on pushing forward into Ukraine and seizing it. A top Russian official has even warned the U.S. against punishing Russia’s actions in Ukraine, saying it risks incurring the wrath of God if it does so.
Now in the fifth month of fighting, Russia has turned its attention to capturing more parts of the Donetsk region of the Donbas, having already seized the neighboring Luhansk province. The region of Donetsk is now under heavy fire, the same strategy that Russian forces used in Luhansk.
What do you think of the current state of the conflict? And will its economic ramifications continue to pervade financial markets?
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.
