In their latest commentary, the Cetera Investment Management Team discusses the effect of sanctions on the Russian and overall global economies. With the U.S. and United Kingdom announcing a ban on Russian energy today, overall inflation will likely be entrenched in the economy more than anticipated prior to the invasion. One increasingly possible scenario is stagflation where growth experiences a simultaneous increase in inflation and slower economic output. Diversification remains a key strategy to navigate market uncertainty. | |
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As always, please reach out to the office if you have any questions. |
Sanctions and the Financial Markets
March 10, 2022