Ukraine Offensive Will Shift the Market Narrative: John Authers

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More Lessons in Humility From the Donbas

The Ukrainian armed forces appear (and I emphasize appear) to have taught the rest of the world yet another lesson in the need to be cautious about knowing what we know. If the reports of the last few days are correct, then the chances of a Ukrainian “victory” have risen sharply, just as have the chances that the war’s aftermath will at last lead to the downfall of Vladimir Putin in Russia. The odds on a lengthy stalemate that can ...