Well….It didn’t take long for one of those “black swans” to swim by, as not only has Russia “invaded” Ukraine ( yes, yes I know only Crimea where the population is primarily Russian anyway ) but Ukraine has also order “full military mobilization” in response.
With Forex Markets opening in just a few short hours it will be interesting to see if there’s any reaction to the news, as “the threat of war” would generally have investors looking for safety.
Obviously it’s far too soon to tell…but purely for interests sake, I myself am very curious to see if “even this” could possibly slow the advance of U.S Equities but again….far too soon to tell.
I’ll keep a close watch on the Japanese Yen (JPY) obviously as the first signs of “fear” will be seen with JPY rising.
Keep in mind that Central Banks absolutely “loooooove” wars, as they present governments with the need to borrow “even more money” than the copious already “being borrowed”.
Again….all that borrowing from the privately owned Fed…..”with interest”.
Is it war time yet?