This week ahead || 7 Mar - 11 Mar 2022
NEWS
The week ahead: March 7
Inflation, Apple event, spring forward, all thing you might want to know for this coming week.
Read about it here.
European stocks join global sell off as bear market gnaws at equities
"European stocks opened in the red as the war in Ukraine continues to hit commodity markets after the threat of a potential ban on Russian oil imports helped spur a surge in prices."
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European Stocks Slump; Soaring Oil Prices Prompt Stagflation Fears
"European stock markets slumped Monday, with the DAX in Germany entering a bear market, as soaring crude prices triggered concerns of a major inflationary shock for the global economy."
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Marketmind: Oil shock
"Oil's relentless climb, hitting almost $140 on Monday, means another turbulent start to the week for world markets. The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday."
Read about it here.
Interesting Reads
Berkshire Ramps Up Wager on Occidental as Crude Prices Surge
"Berkshire Hathaway Inc., the conglomerate run by billionaire Warren Buffett, boosted its investment in energy giant Occidental Petroleum Corp. as oil prices hit their highest level in almost a decade."
Read about it here.