Investing in Firms That Have Pricing Power

Global equity markets surged Wednesday on reports Ukraine is open to negotiating a compromise with Russia. Kyiv made clear it would discuss neutrality with Moscow but that it would not give up territory. Prices for commodities, including crude oil, natural gas, and wheat retreated. Gold, a favorite of today’s Real Vision Daily Briefing guest Jared Dillian, also backed off recent highs. Meanwhile, the Biden administration is establishing a cryptocurrency policy, with the president issuing an executive order directing federal agencies to work together around six key areas: consumer and investor protection; financial stability; illicit activity; U.S. competitiveness on a global stage; financial inclusion; and responsible innovation. The Department of Labor reported there were 5 million more job openings than available workers in January, another sign of a historically tight employment situation in the U.S. Dillian, editor of The Daily Dirtnap, joins Real Vision’s Ash Bennington to talk about Eastern Europe, gold, digital assets, and inflation pressures. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/366SvTO

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