Lions, BAC, GS, JPM, remain laggards. Much of this is the question of how much exposure these institutions, and others, have to Russian debt.
My guess is these banks, and others, have heavy exposure to Russian debt however, because this is a “crisis” these liabilities will be covered/written off. With that in mind, longer term the banks still look good.
I intend to continue to hold these as core positions collecting the dividends along the way.
As of this post stocks are under pressure, falling harder after a top Russian official said: “the threat of nuclear war should not be underestimated.”
GM
As you said Greg, this has all been PLANNED out 25 or more years in advance! I could be wrong but I think because of the way Russian government is that Putan is part of or head of his central bank! America is being destroyed from within, if Russia did use Nuclear weapons it be small and in Europe. THERE IS SOMTHING EVERYONE SHOULD KNOW, FOR ALMOST THREE YEARS NOW AMERICA, RUSSIA, CHINA, EUROPE HAVE HAD MANY LARGE WAR SHIPS OFF THE COAST OF VENEZUELA!! Question? How can we America think we can replace another country's PRESIDENT with what we want? ITS ALL PROPAGANDA ABOUT THEM STARVING AND LIES ABOUT THEIR PRESIDENT!! Get on line and read their CONSTITUTION, it's almost as good as ours WAS! I SAY WAS BECAUSE THE FEDERAL RESERVE IS THE GOVERNMENT!!! VENEZUELA doesn't belong to OPEC this is all about OIL!! SICKENING!!!
Buy Potassium Iodine while you still can! Amazon, Walmart Ashkenazi don't care about cost of war they just gotta make some Shekels!