Putin's Nuclear Saber-Rattling Sparks Safe-Haven Demand
Putin rattles global markets with nuclear threats
Highlights
Putin rattles global markets with nuclear threats
Walmart earnings in focus for U.S. markets
Outside of AI chips, Semiconductors are underperforming
Our de-risking advice is tactical, not fundamental
Key Takeaways
Geopolitical Tensions Spark Risk-Off Mood
Early trading is being defined by a sharp risk-off move in response to President Putin’s nuclear threats as Russia/U.S. tensions rise — stocks are down in Europe while U.S. futures are tumbling, oil and industrial metals are lower. Traditional safe havens — yen, U.S. dollar, Treasuries, and gold — have all made gains.
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