Russian President Vladimir Putin makes an address on the conflict with Ukraine, in Moscow, Russia, in this still image taken from video released September 21, 2022.
I think even with this Russia stuff it’s hard to see the market really rally a lot more from here ahead of the FOMC.
From a geopolitical standpoint, Putin is frustrated that the war isn’t going his way and he’s threatening the west.
"If it gets really, really bad, I'd expect the dollar to rise."
This announcement by Putin to intensify the escalation in Ukraine definitely doesn’t help.