Madison Investment Market Update
Russia’s invasion of Ukraine has been rapid and dramatic, but the likely economic consequences will be slower to materialise and by nature less spectacular. The war itself is terribly tragic, first and foremost for the Ukrainian people, but also for the Russian people – many of whom do not support it. These brief notes will […]
Madison Investment Market Update
Equities were sharply lower across the globe following Russia’s attack on Ukraine. However, early falls in the US on Thursday were reversed mid-session and indices actually moved higher. So, what is actually happening? Most share markets today are around 10-15% below recent peaks. Traditional safe havens such as the US dollar and government bonds have […]