Only during the March 2020 crash and 2008 GFC crash has the spread widened as much and as fast.

Wow. The FRA-OIS spread has only moved this much over 5 days *twice* since 2008.

Only during the March 2020 crash and 2008 GFC crash has the spread widened as much and as fast. pic.twitter.com/7xjotjPeGN

— Michael Goodwell (@MichaelGoodwell) March 4, 2022

so in 2018 the fed hiked into weakening caused by a trade war…today they are hiking into an actual war. and yet some people still think the outcome will be different/better. t.co/AQdJMF1wEj pic.twitter.com/TWkmLkmEHm

— MrBlonde (@MrBlonde_macro) March 3, 2022

$ARKK has now gone roundtrip from the pre-Covid Crash high.

That's innovation. pic.twitter.com/DElrdobOjm

— Michael A. Gayed, CFA (@leadlagreport) March 4, 2022

European grocery stores could run out of a key cooking oil as soon as next month as the war in Ukraine halts trade from the crucial supplier t.co/ffxg27Mv3w

— Bloomberg Markets (@markets) March 4, 2022

By creating so much Inflation, the Fed put Russia into a position of power – they can flex their energy and resource might as a threat to the West – which they are.

Short term greed has consequences.

We see those today.

Political Risk is Systemic Risk.

— Paranoid Bull (@paranoidbull) March 4, 2022

Markets clearly think the probably of an economic downturn is growing regardless of a better-than-expected jobs report t.co/XwjNaa0CA6

— Bloomberg Markets (@markets) March 4, 2022

*PALLADIUM SURGES TO $3,000/OZ ON RISKS TO SUPPLY FROM RUSSIA t.co/U6SQncYfFI

— zerohedge (@zerohedge) March 4, 2022