Stay Focused on Long-Term Investment Goals
The invasion of Ukraine is a shock to the system. It represents an overthrow of the world order we have known for the last 30 years.
The invasion of Ukraine is a shock to the system. It represents an overthrow of the world order we have known for the last 30 years.
When it comes to economic growth in the United States, the consumer is key, accounting for nearly 70%b of gross domestic product (GDP).
As we see a rocky start to investment markets and a barrel of oil reach $123.21 at the end of trading today, you may be wondering: where does the U.S. import its oil from?
Following Russia’s invasion into Ukraine, markets saw a sharp sell-off in risk assets, while safe-haven assets (i.e. Treasuries, USD and gold) outperformed.
Last week’s CPI report for January came in stronger than expected, with the rate of headline inflation increasing to a 40- year high of 7.5% y/y (0.6% m/m).