Since Ukraine is once again the “hot topic” after the recent U | BeSomebodyFX
Since Ukraine is once again the “hot topic” after the recent US comments about a possible full blown invasion from Russia here’s what we are seeing…
We lean on the optimistic scenario and we do NOT expect a meaningful escalation anytime soon, currently we are S&P500 dip buyers as we expect an easing of tensions (or simply no further escalation, which is enough to turn risk sentiment around) going forward
Obviously that can change, but right now it’s our base case, no invasion, no full conflict anytime soon, yet don’t expect it to be too straightforward, there will be plenty of volatility
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