In the latest LPL Street View video, LPL Financial Chief Market Strategist Ryan Detrick takes a closer look at the conflict.
- First off, our thoughts go out to the people of Ukraine and anyone else impacted by the war. But investors must be aware that market disruptions from past geopolitical events have been short lived (as terrible as many have been on the humanitarian front), especially if the US economy is strong.
- The US economy should avoid a recession as well this year, on the heels of a strong and healthy consumer and corporate earnings backdrop.
- Lastly, the events in Ukraine have likely opened the door to a more dovish Federal Reserve than was feared just two weeks ago.
You can watch the 3-minute video directly from the LPL Research YouTube channel here.
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