Geo-politics and Market.
posted on
Feb 23, 2022 09:18AM
Geo-political situation is affecting our investment, so I will touch that subject just a bit. World would be much nicer place if diplomats take a charge instead of bullies on all sides. Finland, Austria, Sweden, Switzerland, Ireland , etc are not part of NATO. Ukraine could have follow that example and avoid all the pain .
I kind of OK with judge Du taking time with her decision, this is not good time for stocks. Positive decision will push SP much higher in a good Market conditions. How long we have to wait?
I know that Ukraine winter keeps ground frozen for another week and that’s when Russian tanks /invasion can happen or not. I hope that in another 10 days that situation will be over, one way or another, and world finances and stock market resume normal activity.
LAC SP is way undersold so it should run up to $32 if Ukraine situation settles down. Then followed positive decision SP will climb higher, as we all hope. G.L.