Hey everyone, a lot has happened since yesterday regarding the Ukraine/Russia conflict. My heart goes out to everyone affected and I’m holding my loved ones extra close. I know we in the US have a tendency to disassociate with things happening outside of our own country, but this affects us too.

While many US companies don’t have operations in Ukraine or Russia, we might want to brace ourselves for even more rising inflation of certain goods like oil, wheat, cars. Russia supplies 1/3 of Germany’s oil is the world’s largest wheat exporter. Global sanctions could cause those prices to skyrocket. 

Stocks have fallen of course, due to the news, but historically the S&P 500 has always bounced back. It usually takes several months to recover, but it always does. Of course I cannot predict the future, but the past data has shown us the market always bounces back.

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