In their latest commentary, the Cetera Investment Management Team discusses the initial economic and market impacts from the war in Ukraine. While Russia makes up a small percentage of the world’s GDP, it is a major energy exporter. The impact the war has on energy prices is a concern that the Fed is also watching closely. The Fed will err on the side of caution in the near term, but may be forced to act more aggressively in the future.
As always, please reach out to the office if you have any questions.