The world put aside the issues of inflation and profits and federal policy and even asked

for a week
consumed by the war in Ukraine. Effect of war on Ukraine on the world economy. With regard to
China, if you look at the numbers, it is incredible that they have had an extraordinary year when it
comes to production and exports. During all this week many things happened since the price of oil
is DAN, IHS MARKIT discussed some of these say that there will be oil at more than $100 USD for
much of the year, BNY mellon says it is the central bank’s concern that inflation expectations will
bleed out. This hits the heart of the central bankers. Anchoring inflation expectations, but despite
everything that was happening.

It is very interesting to me at this time when we think of the inflation data obtained during this last
week central PCE, the measure of inflation preferred by the federal reserve, at 5.2 percent higher
than we have seen since 04/19/83 and when we think of the federal reserve it hopes that it can
make inflation return to its target to the percentage in the old little more than a year with only
interest rates rising to 2 percent SO 2 basically return to pre-pandemic trends within a year point 5
of current levels and if you think historically when you have hardened the federal reserve in these
cycles, usually double what we’re talking about this time.

Can such a modest hardening make inflation go back to where it was so fast? you will see more
tightening what is discounting or inflation will be set at a higher level than what the market is
discounting, one of those two things will have to happen. I don’t think math works right now.

We end with a review of what world leaders say about the crisis in Ukraine. They will limit Russia’s
ability to do business in dollars, euros, pounds and still be part of the global economy. It will limit
their ability to do that. They will begin the ability to fund and grow the Russian army.

They will match your ability to compete and high tegnologia. Economy of the first century have
already seen the impact of their actions on the currency of Russia, the ruble. that today its
weakest level in history then today with the city demands that circumstances require firm and
immediate action on its part. On the other hand, Russia’s plans and starbird taxes are a false
pretext so that there is no confusion or cover-up about the fate of food. Pune chose this war and
now he and his country will face the consequences.