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re: Impact of potential Ukraine invasion on stock market
Posted on 12/7/21 at 1:26 pm to Jetstream 2000
Posted on 12/7/21 at 1:26 pm to Jetstream 2000
Unless China gets involved it shouldn’t affect us much. Might affect energy prices. Other than oil Ukraine and Russia don’t really add much to the world economy.
It might be good for stocks in any military defense contractors if the US sells equipment to Ukraine
It might be good for stocks in any military defense contractors if the US sells equipment to Ukraine
1
Posted on 12/7/21 at 1:51 pm to deltaland
quote:
Might affect energy prices.
Administration already fricked us (and Ukraine) by removing the sanctions against Russia allowing THEIR pipeline to move forward (bypassing Ukraine) making all of the EU dependent on them for energy, while simultaneously ending the Keystone pipeline here. And while I'm no oil and gas guy, I am pretty sure that pipelines are the most environmentally friendly way to transport oil.
The ole double whammy of stupid.
Aside from that, military conflict in Ukraine would not be good for the markets. The markets do not like uncertainty, and an armed conflict that has the potential to spread would certainly be that.
This post was edited on 12/7/21 at 1:53 pm
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