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Saturday, April 16, 2022

Why The Ukraine War hasn't Crashed Stock Market

To summarize JP Morgan's banking advice Jamie Dimon to investors and analysts this week, everything looks pretty good except for the fact that something really bad may happen.




The stock market, so far, has regained its pattern from previous wars: selling rumors, buying news. The S&P 500 fell sharply on February 23, the day before the Russian offensive. It went up by 167 points from there.

The Canadian Treasurer made headlines by advising his investors to continue buying stocks because in the endless nuclear war the allocation of their portfolio would not work. Looking back and trying to explain the estimated 7% decline in the Cuban missile disaster, economists get the same explanation: There is no need to diminish the worst outcome because no one will benefit from a wise investment decision.

Fritz Todt, the founder of the autobahn, told Hitler in November 1941 that war was invincible and should be ended politically. Hitler replied: "I do not yet see the end of politics."

Führer was speaking his book. Negotiated conclusions remain on the cards, as can now be Vladimir Putin. Germany had no “existing” danger. Even under very strict conditions — unconditional devotion — Germany survived and soon was on the verge of becoming Europe's leading country. under any possible solution, he would have to relinquish his power and accept responsibility for his actions.

Mr. Putin, surprisingly briefly, has turned his Ukrainian lark into the same danger not to Russia but to Mr. Hence the increase in recent speeches. RIA Novosti, Moscow's official news service, issued a grim call for the dissolution of Ukraine. Sergey Karaganov, Putin's leading think tank, told a Western diplomat, "The numbers of Russian officials are very high - for them it is a war," and gave a hailstorm in a situation where nuclear threats made the U.S. NATO.



I started quoting Hitler-Todt's episode in this column in 2014, expecting Mr. Putin to bring the world to the present. It is hard to imagine him now putting on his weapons of mass destruction, especially his brilliant nuclear war, and wondering if they could offer a way out of his predicament — the concerns expressed this week by CIA Director William Burns.


There is only one answer that seems to fit this situation: a clear sign to Mr. With the end of the war now raging in eastern Ukraine, the open space is well suited for this air campaign.


The idea of ​​saving his army to fight one day would be hard for Mr. Putin to ignore if he hoped to stay in his job. Seven weeks of war have also been a relief: He and his comrades have had the opportunity to wrap their heads around a possible defeat. For colleagues, moreover, the simple decision is not to see everything they value being destroyed because of a man they already hate.


Somehow, the U.S. they may find themselves approaching the scene of an argument and its end. Germany and others are resisting Mr. Putin's significant reduction in power dollars not just out of concern for their economy; they do not wish for the dangers and uncertainties that come with making Mr. Putin in Moscow is totally unacceptable. Perhaps Mr. Biden's advisers, with the exception of a few soldiers, agree. And if there is anything that can make Xi Jinping of China move away and work with the US and Europe in Ukraine, it will be a wish not to see Mr.


Only Ukrainians, who have experience of living in Russia and see it as a means to acknowledge the massacre, which is a word that may be true and strengthen the spine. Recently recalled were JFK's remarks about the need to leave Khrushchev on the way out. In Mr. Putin's case, the advice is too late. Through his mistakes and wrong calculations, his survival is now in his hands; he left nothing to his colleagues to work on. The extravagance of Joe Biden's speech is alleged to have been all that - calling Mr. Putin is a war criminal, referring to the massacre (not the absurd interpretation of Russia's latest speech), which Mr.


My guess is that these drop-out statements come out for a reason — because they agreed after hours of White House talks that Mr. Putin is probably more than saving regardless of the U.S.