In their latest commentary, the Cetera Investment Management Team discusses the recent Russian invasion of Ukraine and the ramifications on financial markets. In traditional geopolitical events, commodities tend to fall on economic growth concerns. This conflict has triggered the opposite as Russia is a major oil and agriculture producer and potential sanctions could impact exports. Given this uncertainty and potential financial shock, the Fed (and other central banks) may rachet down some of their hawkishness. Diversification remains a key strategy to navigate market uncertainty.
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