David Woo, former Wall Street Investment Strategist and CEO of David Woo Unbound on Global Macro and the Current Panic (EP.201)
Panic with Friends - Howard Lindzon
00:00
What Kind of News Would You Need to See to Relieve This Pressure?
The only reason why the mark in the global county gives a damn about this war is because of the economic sanctions. The russian rubo has been the strongest currency in the world since the day puten invaded the ukrane rate a crash, but then firmed at no,. It's not just firmed up, it's afterly gone back above the level the day that they invade the ukraine. They're 14 % strong against a us Dollar, when the dollar is like ten percent strong against everything else. And i can tell you right now, the most amazing thing is how little affected the russia people have been, havebieng subject to economic sension so far
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