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Published on: 02/24/2022

Advisors Urge Calm After Ukraine Invasion

Financial professionals were surprisingly unruffled today as Russian President Vladimir Putin set off an invasion of Ukraine—focusing instead on the longer-term picture for markets, interest rates, and the post-Covid economy. Interviewed advisors viewed market disruptions as short-term and reactionary, as the immediate reaction to the European crisis included a wild swing in equity prices and a surge in oil prices. Cryptocurrencies also cratered, while gold was on the upswing as investors fled to safe-havens.

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