by Lance Roberts
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| (2/24/22) Markets will open sharply lower following the overnight invasion of Ukraine by Russia. In anticipation, markets closed lower Wednesday (2/23), right on support set back in October 2021. How much more is there to go? We look to markets' previous responses for clues. Russia invaded Ukraine over a disagreement about Crimea in 2014. Markets then responded with the understanding there would be a resolution to the conflict in short order. That was then, this is now--and it's unknown how long today's conflict might stretch out. Markets in 2014 were set up similarly, with market peaks set in early January, to the tune of 3 standard deviations below the 50-DMA--exactly where we'll be this morning at the opening bell. The key today is to not overreact to what you're seeing on TV. Increased geopolitical risk will also cause the Fed to rethink its monetary strategy, pausing rate hikes and balance sheet reduction. That could create additional support for stocks. Presented by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestme... https://www.linkedin.com/in/realinves... #MarketCorrection #Russia #Ukraine #FederalReserve #FedPut #MarketDecline #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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