by allinb*tch
Goldman warns “Investors should brace themselves for a sharp sell-off in risk assets globally if the Ukraine-Russia situation morphs into a full-blown crisis”
and follows that statement up with:
“The S&P 500 is at risk for a 6.2% drop in a full-on crisis scenario if Russia invades Ukraine and global superpowers respond with retaliatory measures such as sanctions, said Goldman Sachs strategist Dominic Wilson in a new note to clients.”
WTF? 6.2%? Risk assets have been falling 6.2% a day for the last two months!!!!!!!
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