What do you think about the Ukraine crisis and the impact on financial market?

[Kevin88660]

Stocks and Crypto tank. Oil price going higher and higher.

What's next?

Is Biden just trying to take credit for stopping a war?

 

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[Kevin88660]

I think more turbulence will come before a pease deal is made. Probably nuclear threats will be put on the table and shock the market more.

But I think the downside will be more heavily on the European risk assets and less on the rest (hopefully).

 

[Vntonio]

For me, (the agricultural industry) meant a rise in prices because I got fewer and fewer competitors as everyone sent vegetables/fruits/inputs directly to Ukraine. Meaning, I have fewer competitors in the free market. = more money for me.

Actually, an ex-police officer got rich af this year just from selling watermelons. Like $2.9m pure profit.