CNC and the world eventsThis will be an interesting week. I hope the market will somehow absorb the sanctions on Russia, but I do expect that North American markets will be dragged down by European Markets. As of writing this, the S&P futures is down about 100 points or 2.1%.
It might not impact CNC at all and as Russia will get isolated for a very long time it might benefit resources in safe jurisdictions (as quite a few here had mentioned before).
I am however unsettled by the possibility that this mad man is considering the nuclear option. And not in a way they were teaching during the Cold War, and as seen in movies like 'The Day After', but I could see him use so-called 'Tactical Nuclear Weapons' against military targets in the Ukraine.
He's clearly gone crazy and is mentally instable.