A veteran investment chief and former Moscow reporter says markets are pricing in at least another year of Russia's war in Ukraine

Sat, 02/25/2023 - 06:30

Russia Ukraine War markets investing Putin Zelenskyy CIO journalist — Two Ukrainian men visit the grave of a Ukrainian soldier at the cemetery of fallen soldiers in Kharkiv, Ukraine on February 20, 2023
Anadolu Agency / Getty

The Russia-Ukraine conflict could last into 2024, according to the CIO of Spouting Rock Asset Management.
Rhys Williams, who's also a former Moscow-based journalist, explained how the market is viewing the war one year on
"This is an existential war for Putin. It may not be in Russia's interests to continue, but Putin is all in."

As Russia's war in Ukraine passes the one-year mark, markets are already pricing in at least another 12 months of conflict, according to Rhys Williams, the chief investment officer of Spouting Rock Asset Management.