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There Is More to Market Volatility Than Ukraine



Photo of trader Gregory Rowe
(AP Photo/Mark Lennihan)
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It is tempting to pin the recent volatility in markets only on the fluidity of the Russia-Ukraine situation. After all, depending on which scenario is in play, the global economy would either benefit from a sharp reduction in commodity prices or, at the other end, deal with a major stagflationary shock.

But this should not blind us to other important structural issues that will be with us for a while, almost regardless of how the conflict plays out.

Read More at Financial Times

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