By SIMON CONSTABLE
Investors seem to have offered little but a shrug to the threat of military conflict in eastern Ukraine. That’s surprising given the growing rhetoric out of the Kremlin.
Thursday Russian troops began a series of military drills near Ukraine’s border less than a day after Russian president Vladimir Putin said NATO (the North Atlantic Treaty Organization) should “go to hell,” press reports say. Read more here.
By SIMON CONSTABLE
Anyone wanting a calm commodities market in 2021 would have been disappointed. It produced surprises that would have shocked even the most jaded market veterans.
Wheat, coffee, sugar, lumber, and energy prices all shot up. Perhaps most shocking was that the price jumps were driven by different factors. It wasn’t all upward: gold puzzled some investors, as prices slumped even while inflation surged. Read more here.
By SIMON CONSTABLE
Almost a year into his presidency and a key economic metric shows some bad news for President Joe Biden, and by extension the Democratic Party.
While growth of the economy remains robust despite the continued COVID-19 pandemic, that’s not what voters tend to focus on when they go tot he polls. And there’s Biden’s issue, because the bulk of the problem falls on the Federal Reserve, which doesn’t look likely to fix the matter any time soon. Read more here.
