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Quick Take: Putin's ceasefire, stock markets

 

January 5, 2023 (Investorideas.com Newswire) NIGEL GREEN: CEO of deVere Group, one of the world's largest independent financial advisory, asset management and fintech organisations

"Putin's ordering of a ceasefire over Russian Orthodox Christmas is a much-needed, is seemingly a positive humanitarian development.

"In broader terms, should the ceasefire hold it would be the most visible, most highly anticipated and most powerful upside driver to stock markets imaginable.

"This, together with a successful reopening of China, the world's second-largest economy, would send global financial markets soaring.

"We wait and watch with interest."

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