After putting on a good show part of Friday, markets weakened at the close. And with the opening of the Beijing Olympics, we’re only 13-days from the wrap-up of events there.
Already, though, bullets are flying in Ukraine. Not a lot of ’em, but enough to tell markets “This problem may not be going away.”
This morning, since we do mainly our ChartPack on Saturday’s, we’ll look at where markets are and where they could be by the time the Winter Games wrap up.
At which point, we will have two heavy factors weighing on markets: Putin’s action timing in Ukraine and Xi’s timing in Taiwan.