Daily Briefing: How Will War in Eastern Europe Impact the Battle Against Inflation?
U.S. equity indexes soared on Friday, with the Dow Jones Industrial Average posting a near 800-point gain and the S&P 500 Index and the Nasdaq Composite rising 1.86% and 0.92% two hours ahead of the close of regular trading. Equity futures indicated a positive open after Russian President Vladimir Putin signaled a willingness to negotiate with Ukrainian President Volodymr Zelenskyy. Still, fighting rages in and around Kyiv, though it appears Putin’s forces are not advancing as rapidly as their leader had hoped or planned. Joining Real Vision’s Maggie Lake to discuss the geopolitical situation is Dee Smith, founder and CEO of Strategic Insight Group. And with us today to talk about how the nascent war might impact the Federal Reserve’s monetary tightening cycle is the “Fed Guy,” Joseph Wang, a former trader on the central bank’s open markets desk. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3M2l05h.
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