6 min listen
How The Russia-Ukraine Conflict Hits The U.S. Economy
FromSchwab Network
ratings:
Length:
6 minutes
Released:
Feb 25, 2022
Format:
Podcast episode
Description
Investor focus is on Russia invading Ukraine as uncertainty looms about how the conflict will affect financial markets. David Stryzewski says Russia’s attack will lead to a more significant impact on the U.S. economy as it pushes gas prices and inflation higher as well as dents consumer confidence. Stryzewski explains how the crisis is likely to intensify supply chain issues, and that the prices of commodities like wheat and aluminum, which are significant exports from the region, have already increased.
Released:
Feb 25, 2022
Format:
Podcast episode
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