Russia Ukraine Conflict - How War Affects the Stock Market

Abstract

Markets at the moment are dominated by headlines around Russia and Ukraine now of course any kind of conflict can come with a terrible humanitarian cost so let's hope that can be avoided but by looking at precedence from the past we can gauge what could happen to markets if this does escalate but also which markets could be affected and what the transmission mechanism could be for those markets to be impacted so let's look at the Russia Ukraine conflict in a bit more detail the Russian equity market peaked in October of 2021.