U.S. and EU investment-grade company bonds have lost 5.3%
and 3.8% respectively so far in 2022, their worst start to
any year in Bloomberg indexes going back at least two
decades. via & Hannah Benjamin |
00:01 - 02/03/22 |
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Midterm bottom is nearing. But expect volatility to continue
through Q2 and Q3 as the market seeks support, digests the
developments in Ukraine, elsewhere in the geopolitical arena
and on the Fed/inflation front.
Then
expect the Q4 rally illustrated in this chart |
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Attacks on Ukraine intensify, Russia becomes uninvestable
and commodities gain.
Here's
what is moving markets |
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This is how sanctions make the ruble harder to trade—or even
value |
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Savings rate has collapsed to 6.4%, lowest since 2013 |
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