The Russia-Ukraine conflict is the biggest wildcard for investors ...Middle East

The Hill - News

Russia’s invasion of Ukraine caused not just a geopolitical earthquake but also a storm of uncertainty among U.S. investors and the global economy at large. Previous oil shocks were the best comparison investors could make in trying to predict how the war would affect markets. The first two shocks of the 1970s and early 1980s produced a quadrupling of oil prices. Inflation soared to double-digit levels, and severe global recessions ensued as central banks aggressively tightened monetary policies. By comparison, the next two shocks, involving U.S. conflicts with Iraq in 1990 and 2003, were less severe. They resulted in a doubling of oil prices, but inflation did not accelerate materi

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The Russia-Ukraine conflict is the biggest wildcard for investors ...Middle East

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