ETHO - Ukraine/Russia Situation A Near-Term Market Headwind
- Historically, crisis events like the Ukraine/Russia development tend to have a short-term impact on the equity market and present more of a buying opportunity for investors.
- The one potentially problematic issue facing the market is the price of oil. It is approaching $100 per barrel, and the Ukraine/Russia situation may push oil prices higher in the near term.
- High prices, if they stay high, can have a negative impact on the economy due to the impact on prices broadly and the headwind it creates for consumers.
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Ukraine/Russia Situation A Near-Term Market Headwind