Wheat prices hit all time high
- Thread starter avalanche
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Yup ordinary people face the economic consequences of war with inflation in basic commodities sadly 😕.
P.S Might be time to offload my bonds as ECB could raise rates. What an avoidable mess this all is.
https://www.nasdaq.com/articles/ecb-policymakers-saw-rate-hike-drawing-closer-at-feb-meeting
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P.S Might be time to offload my bonds as ECB could raise rates. What an avoidable mess this all is.
https://www.nasdaq.com/articles/ecb-policymakers-saw-rate-hike-drawing-closer-at-feb-meeting
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Whats your strategy to handle all this mess? How to hedge against the ramifications of war?
Good question.
There are too may scenarios to consider right now. Depends also on what the ramifications of war are and how expansive and protracted it is. If tensions stay as they are and don't worsen then its just inflation to worry about for me. My thinking is to take bond profit and move to 100% cash. Gold sounds interesting but its not for me right now.
Sorry but I am still watching the global hysteria and want to see where it all goes before doing anything drastic. Who knows what Russia will do next. Maybe they will hit western military supplies destined for Ukraine inside of third countries and everyone gets dragged in conf/(%.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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