I think that every equity strategist who wanted to publish a note on the impending economic slowdown has done so by now. The stock market however keeps bouncing on every bit of good news from Ukraine. When will the war end? From the war maps shown on Russian and Ukrainian YouTube posts it looks like to claim that Donbass is “free at last” the Russian army may have to move the front by 50 to 100 kilometers. Even if we assume that they can steadily advance by 2 km per day, this may take 25-50 days. What will happen next? I expect a relatively speedy acceptance of Ukraine into the EU, and following that, a massive program of rebuilding Ukraine with EU funds and technical assistance. It quite possible that in ten years Ukraine will look a lot like Poland.
Outlook: It is a long way to go…
Outlook: It is a long way to go…
Outlook: It is a long way to go…
I think that every equity strategist who wanted to publish a note on the impending economic slowdown has done so by now. The stock market however keeps bouncing on every bit of good news from Ukraine. When will the war end? From the war maps shown on Russian and Ukrainian YouTube posts it looks like to claim that Donbass is “free at last” the Russian army may have to move the front by 50 to 100 kilometers. Even if we assume that they can steadily advance by 2 km per day, this may take 25-50 days. What will happen next? I expect a relatively speedy acceptance of Ukraine into the EU, and following that, a massive program of rebuilding Ukraine with EU funds and technical assistance. It quite possible that in ten years Ukraine will look a lot like Poland.