- Markets: Last Monday, the chart above showed the S&P’s year-to-date performance at -11.8%. That drop has been cut nearly in half following the stock market’s best week in more than a year. In fact, the index is up 5.6% since Russia invaded Ukraine, highlighting investors’ confidence in the US economy.
- Ukraine: Ukrainian President Volodymyr Zelensky likened Russia’s invasion of his country to the Holocaust in an appeal to Israeli lawmakers for military aid yesterday. So far in the conflict, Israel has tried to play the role of mediator—it has not sanctioned Russia or its oligarchs, but has been active in helping Ukrainian humanitarian efforts.
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