The economic toll if Biden is right and Putin invades Ukraine

[mahatmakanejeeves]

Yahoo Finance

The economic toll if Biden is right and Putin invades Ukraine

Rick Newman · Senior Columnist
Fri, February 18, 2022, 5:34 PM

Markets will have a major lump to swallow if Russia president Vladimir Putin chooses to invade Ukraine in coming days, as President Biden said he expects.

"At this moment, I'm convinced he's made the decision," Biden said in a brief address from the White House on Feb. 18. When a reporter pressed on whether he expected Russia to invade, Biden said "yes."

Geopolitical scares typically produce very short-lived market disruptions, with commodities and risk assets quick to recover. The standoff between Russia and Ukraine could be different. If Russia goes big, it could quickly subdue Kyiv, the nation’s capital, oust the democratically elected government and return the country to de facto Russian rule.

{snip}

[madville]

1. I moved a portion of my investments

Over to some bond funds at the last peak in early January, actually waiting for a potential dip like this to buy back into the markets at a discount with that money.

I’m more concerned about the price of oil and natural gas going nuts before the election, hitting the public in the wallet on a daily basis.

[Warpy]

2. The markets worldwide will lay some big rottn eggs

and recovery will be slow because this is not going to end quickly.

Putin will get a parade before he's realized he's marched face first into a buzz saw.