The Impact of Russia’s War May Linger for Some Time. Why Investors Should Be Cautious.

GENLI.ORG

While there is no consensus on how Russia’s invasion of Ukraine is going to play out, strategists see the conflict creating lasting changes for investors’ portfolios. It’s a cautionary note for those reverting to old playbooks or those looking to the latest selloff as a buying opportunity.

“This is clearly not a temporary risk-off event that the economy and markets shrug off and return to business as usual,” writes Ethan Harris, Bank of America’s global economist in a note to clients on Tuesday. Harris’ base case scenario…

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