May 2022

What the Media Was Worried About – March 2022

The big stories for the month were Ukraine and inflation.  There were several potential headline-grabbers relegated below the fold during the month.  Let’s get to it. War Massive sanctions, asset freezes, and divestiture of Russian stocks. Germany meme: “So the world wants Germany to raise a huge army, march through Poland, and maybe fight the Russians?  Are you sure?” Russians seize Ukrainian nuclear power plant, Europe’s largest. Cascading press releases of companies cutting ties with Russia in one way or another. Russian stocks and ETFs holding Russian stocks halted. Ukraine/Russia is a rare case of war between two countries with McDonalds Russia is firing on civilians Potential ceasefire on 3/16 doesn’t happen Inflation Babysitting rates skyrocket Oil hits $130 – gasoline prices rise Nickel hits $100,000 per metric ton on LME, blowing up WisdomTree’s 3x inverse nickel ETF – If you have a $100 margin call, it’s your problem.  If…