The articles below offer general information, opinions, and forecasts and should not be considered advice.
We are excited to be featuring Dan Zalipski this week in our Employee Spotlight! Dan has been a part of the Vantage team for over 14 years and we are so appreciative of all his hard work and dedication to the team!
Market Memo
March 2022 – By Kyle Rohrwasser
On February 21st Putin announced that Russia would recognize the sovereignty of the two western republics of Ukraine, which was immediately met with NATO sanctions. Quickly following, Russian forces moved deeper into Ukraine on February 24th. Within the week, technological, financial, and political sanctions had been handed out with intent to punish Russia for the occupation of Ukraine. See tracking sanctions against Russia here.
Continue readingMarch 2022 – By Bob Veres
If there is one significant fallout that most economists expect to land on American consumers as a result of the war in Ukraine, it is higher gas prices. Prices tend to reflect supply and demand, and if there are sanctions on Russia’s ability to export oil, that will reduce supply without any anticipated change in demand. It is estimated that roughly 2.3 million barrels a day of Russia’s 4.6 million output flows to Western nations.
Continue readingWe are excited to be featuring Joe Fortunato this week in our Employee Spotlight! Joe will be celebrating his 1 year anniversary this week and we are so grateful to have him a part of the Vantage team!
