Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. โWe have a ton of uncertainty right now,โ said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. โWeโre dealing with a war, weโre dealing with inflation. We donโt know what it means to earnings.โ "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added. Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. Now safely in France with his spouse and three of his children, Kliuchnikov scrolls through Telegram to learn about the devastation happening in his home country.
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