Wednesday, February 23, 2022

market on free-fall tonight on Ukraine invasion

SP futures 4100 - down 14.5% 

crude $100;  gold close to 2K,  BTC down 45% [from peak]

FB down 50% from peak ... a representation of social media.

HOOD down 85%;    ZM down 70%  ... new, new economy or whatever 

key to think about this situation is how many experts "predicted" an attack on Ukraine and SPX 4100 (14.5% drop) in Jan 2022, just like how many predicted attack by Corona and a drop of 38% in Jan 2020 ..?

politically, Russia and China supporting each other, US has no counter-strategy, & Europe/NATO is stunned

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