What Russia's Aggression Means For You And Your Portfolio
When Russia’s president, Vladimir Putin, ordered his military into Ukraine, he took a fire hose to a party that he wasn’t invited to. In many ways, it echoes December 1979, when the Soviets invaded Afghanistan. Oil prices more than doubled between January 1979 and May 1980. Stocks slumped 6 percent during the first 3 months of 1980. And more importantly, (just like now) there were cracks in the glass of global peace.
In this article, I explain what Russia's aggression means for you and your portfolio.
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What Russia’s Aggression Means For You and Your Portfolio
When Russia’s president, Vladimir Putin, ordered his military into Ukraine, he took a fire hose to a party that he wasn’t invited to. In many ways, it echoes December 1979, when the Soviets invaded Afghanistan. Oil prices more than doubled between January 1979 and May 1980. Stocks slumped 6 percent…