Well… what a week! I think in some ways, the events of the past week may prove to be as important as March 2020 itself. And the implications for financial markets should not be understated. Whatever investing gameplan I had before this week – it’s time to throw it out the window. Ukraine War results in more Sticky inflation The list of sanctions from the West has been heavily covered in the media. Very simply – Russian entities are now cut off from the western financial system.  Overnight, this made it incredibly tricky to transact with Russian counterparties, because you don’t know whether the payment will clear. Effectively, Russian exports had no buyer overnight. And as we covered in last week’s article, Russia is a MAJOR PRODUCER of global commodities. The net result is a massive supply shock in global commodities markets....