Today's slide deck: https://bit.ly/3sdmWQM -
Today's podcast looks at where the focus for markets lies in the wake of Russian forces attacking Ukraine overnight, a move Ukraine is calling a full-scale invasion. The next critical step will be the scale of Western sanctions and the degree to which Western powers can get on the same page as any real escalation in sanctions will exact a hefty toll on the economic outlook if actual flows of Russian exports of commodities are in the firing line. We discuss the impact and the risks across asset classes in today's pod, which features Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic