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Sanctions are Crippling Russia’s Economy
“Risk is what’s left over when you think you’ve thought of everything.”
– Morgan Housel
RESEARCH
One of the first academic papers with an analysis of Russia’s economy and the impact of economic sanctions months into the invasion of Ukraine. The first page has a great list of summary bullets for those not looking to read the entire paper.
Check out the accompanying slide deck.
Source: Sonnenfeld et al. Business Retreats and Sanctions are Crippling the Russian Economy
A chart book of stock market moving averages as of 7/27 from Ed Yardeni.
Bonus Content
Dario Perkins on the nightmare scenario for Central Banks. Link
Benn Eifert on bullsh*t in investing. Link
Written Q&A with Michael Mauboussin on the investing process. Link
Howard Marks discusses the current market environment and how it compares to past bear markets. Link
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