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The Ukrainian Elephant in the Room


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Sometimes, an elephant comes into a room and sucks up all the oxygen. This time, the elephant is from Russia, minus the love. There are any number of potential outcomes to the situation relative to Russia and Ukraine. But those outcomes are subjective speculations.

A more objective measure of the risk might be found in market volatility. And right now although volatility is high, it’s 70-75% below its peak during Covid. 

So is there reason to worry about what’s happening in Ukraine or is it overblown? Tom and Dylan discuss the situation on this week’s episode. 

 

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