Mar 23, 2022
Summary:
I sit down and chat with Octavio Marenzi to discuss how the war in
Ukraine has affected markets, and it seems as if everything is
going up. Commodities, gold, and oil are reaching highs, and from a
US perspective, this is not a conflict that is going to have much
of an impact. Tune in for more insights on what’s to come, and what
to expect on national and global levels.
Highlights:
-How badly has the war in Ukraine affected markets, and what can we
expect going forward?
-Markets, commodities, and gold are going higher; oil is headed
toward its all-time high
-From a US perspective, this is not a conflict that is going to
have much of an impact
-Looking at NASDAQ, you wouldn’t necessarily be able to pinpoint
when the war started
-In European natural gas, prices have jumped sporadically; the
situation is different for US natural gas because they are
different markets
-Once the correction goes down, the Fed will jump back in to keep
everything under control
-Increasing interest rates for years will destroy the markets
-Gold is going to be more or less okay in the short term
-Mortgage rates in the US have gone up, which will most likely
impact real estate prices
-It’s okay to be a risk taker, but you have to be a risk manager as
well
-For the average person who doesn’t make any moves, inflation is
decimating
-For people who are in debt (in a fixed interest rate) it’s not a
bad thing; it works negatively for people who save up money
Useful Links:
Financial Survival Network
Opimas