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The “buy the dip” mantra is smug as Putin redraws the map of Europe

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When London’s Gresham Life Assurance Company completed its luxurious Art Nouveau headquarters in Budapest in 1907, it clearly did not anticipate that the world it was designed for would crumble apart in just a few short years amid the bloodshed of a world war, a pandemic, protectionism and a financial crash.

Much has been written about the impact of the Russian invasion of Ukraine on the global economy and markets – and the assessment has been that growth will slow somewhat in Europe and little in America; that there will be a temporary burst of inflation and stock markets will fall before they recover.

https://www.independent.ie/business/world/buy-the-dip-mantra-is-complacent-when-putin-is-redrawing-europes-map-41417639.html The “buy the dip” mantra is smug as Putin redraws the map of Europe

Fry Electronics Team

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