ARC: Global Market Implications of the Military Invasion of Ukraine

Consumer staples offer a relatively safe haven. \n

Disliking risk is only human but overreacting to short-term market noise usually does more harm than good.

New loan commitments continue to rise.

The price of gold whipsawed after Trump’s tariff pause, but has hit new highs.

Tariffs on China are in place and growing.

We’re expecting a major rise in inflation and see a high risk of a recession.