Investors Scramble for Inflation Protection After Russia Attack Interview
February 24, 2022
“Our advice to investors is to stay invested,” Tim Pagliara, chief investment officer at CapWealth Advisors, said in a email. “There is no need to make any drastic changes to one’s investment portfolio. Oil prices are likely to see the largest reaction to the Russia/Ukraine uncertainty -- more so than stocks and bonds.”
“A short-term spike in oil prices to $120 per barrel is possible because sanctions against Russia would curtail its ability to export oil and that would likely reduce global supply,” said Tim Pagliara, the chief investment officer of Franklin, Tenn.-based wealth management firm CapWealth. “Oil prices are likely to see the largest reaction to the Russia-Ukraine uncertainty, more so than stocks and bonds.”
(Source: https://www.forbes.com/advisor/investing/ipsos-consumer-confidence-feburary-2022/)
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