March 4 Update – Trevor Thompson

Money and Politics

Stock markets are reacting nervously about the political situation in Ukraine. When too super powers butt heads nervousness is perhaps natural.

I picked this out of the broker report this morning

“The Russian ruble and stock market fell sharply. The Russian central bank boosted its key interest rate to 7% from 5.5% in an attempt to stem the capital flow. ”

I think threats from the US might be met by chest thumping but I hope the Russians find foreign investment running away a much bigger reason to show restraint!

By Trevor Thompson. 
CFP DipFP

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