At this point with over 100 Russian battalions surrounding Ukraine, menacing to invade, you’d think the leaders of the Ukraine would perhaps be a bit more tactful with their statement, if only for the sake of their own people who will be killed in a war.
But not our dear dear friends from the fucking Ukraine. Those crazy sons a bitches just released this statements.
Ukraine’s strategic course on joining NATO remains unchanged. It is enshrined in our Constitution and National Foreign Policy Strategy, supported by a growing majority of Ukrainians. It’s only up to Ukraine and thirty NATO allies to decide on the issue of membership.
— Dmytro Kuleba (@DmytroKuleba) February 14, 2022
I can only assume this is because their President is an actual comedian and is playing a joke on Putin. Whatever the case, markets do not find it funny and the early constructive action has since soured and we now look down the barrel of a market that is on edge. If not for FANG stocks jimmying higher, and select semis and SAAS, not much going on today with breadth at 43% and getting worse.
All of the Russian war plays are lower because there will be discussions soon, so people are putting them on ice. But the general market isn’t too happy and maybe, just maybe, this is more to do with BONE BREAKING inflation laying waste to the middled class — a prelude to the inevitable recession to come?
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Does the comedian have control over his Foreign Affairs Minister? Ukraine seems a mess. We promote fools. I hope Vlad brings some logic and longer-term thinking.
CNN: “A senior Ukrainian official has denied that President Zelensky was being literal when he said in an address to the nation that he’d been told a Russian attack would begin on February 16th. Mykhailo Podoliak, a Presidential adviser, that Zelensky was being ironic.”
Crashed the market with that nonsense.