On top of the shortage coming from Ukraine, Russia is now a pariah state and Europe cannot get any of their wheat or fertilizer. You might not see it now, given the market’s grandeur and ribald nature in today’s tape — but war is inevitable and with it famine.
The first attack echelon of Belarusian armed forces in the amount of approximately 5000 troops is already formed and lined up along Ukraine's border, brigadier general Victor Yagunov of the intelligence community says
— The_Real_Fly (@The_Real_Fly) March 22, 2022
Here in the states, we will be mostly immune to such pangs. But Africa, Europe and Asia face substantial headwinds and pardon me for reminding you but Russia is going to attack everyone very soon.
That being said, the NASDAQ is +255 and Russia doesn’t want to occupy Ukraine — just destroy it.
The easy to read trend has been to fade the move in tech and redoubled one’s efforts into the commodity space. After a long rich day of trading successfully in tech, this is exactly what I intend to do by the close.
If you’re curious about my day — here is my ledger so far — all available to members of Stocklabs.Twitter