Ukraine War... How much will S&P drop this week?

[auggie1983]

No reason to use sso, just use less upro. Same expense ratio

[artemis]

Looking at a map I can see Putin's viewpoint if real life was a game of Risk. Poland, Czech, Croatia, Hungary, Estonia, Latvia, Lithuania, Bulgaria, and Romania are former Soviet-Bloc countries. Now they are in the EU and NATO. Ukraine has turned sharply to the West since 2014. Belarus could have gone that way except Putin supported Lukashenko after he stole the election and is now his beholden puppet.

Maybe he sees this as his only chance to hang onto Ukraine before it joins the EU and NATO. Putin's calling all the shots in Russia and he is surrounded by a bunch of yes men. When there is no one left to give a dissenting view that causes people to get drunk on their own kool-aid.

Yes. The big problem is that what is good for Russia in the long term is not good for Putin. He wants to hang on to power and keep the money flowing in to his bank accounts, whatever it takes. And he doesn't understand that in a wired world, "buffer states" are no help, as people can get their information from anywhere. He doesn't need a buffer from military attack, he needs a buffer from democracy. Good luck with that! Ordinary Russians aren't blind.

[Hank]

The U.S. government still hasn't sanctioned the Russian energy sector or banned Russian and Belarusian aircraft from U.S. airspace. Not sure why the delay on an oil and gas embargo.

Good to see the Swiss move away from traditional Swiss neutrality.

[CordMcNally]

The U.S. government still hasn't sanctioned the Russian energy sector or banned Russian and Belarusian aircraft from U.S. airspace. Not sure why the delay on an oil and gas embargo.

I think a big part of this is the midterms coming up and the increased scrutiny energy prices are already getting. An embargo will really magnify the current energy policy (or lack thereof).

[Hank]

I think a big part of this is the midterms coming up and the increased scrutiny energy prices are already getting. An embargo will really magnify the current energy policy (or lack thereof).

There'll be short term pain on oil and gas prices (though far more painful for the Germans than for Americans). Still, need to move away from letting Russia and other bad actors hold fossil fuel shortages over our heads. Beefing up the tax credits for solar and home batteries would go a long way, and would be a meaningful infrastructure advancement. It'll take years to move away from internal combustions engine cars, but better to get the ball rolling in earnest now.

[Max Power]

... Beefing up the tax credits for solar and home batteries would go a long way, and would be a meaningful infrastructure advancement. It'll take years to move away from internal combustions engine cars, but better to get the ball rolling in earnest now.

No way man. Canada would just EMP us and conquer us. They have been lying in wait for that day

[Antares]

Yes. The big problem is that what is good for Russia in the long term is not good for Putin. He wants to hang on to power and keep the money flowing in to his bank accounts, whatever it takes. And he doesn't understand that in a wired world, "buffer states" are no help, as people can get their information from anywhere. He doesn't need a buffer from military attack, he needs a buffer from democracy. Good luck with that! Ordinary Russians aren't blind.

This is a point of view that deserves more attention.

[Jaqen Haghar MD]

The US should put energy independence back as a top priority. Every type of energy. We should be transitioning to sustainable energy as a priority, while being a net exporter of oil. I’m all for transitioning, but it will take time. It’s a national security issue at this point.

In the meantime, oil and gas are still needed. We must maximize both. It’s not all or nothing here.

The real world just came knocking, and it’s time to get some realistic leadership and ideas in place on many levels. (At least until the Cybertank starts rolling off the Tesla assembly line).

Sending social workers to the front lines isn’t going to work here. This is a wake-up call we shouldn’t waste. Things have gotten real for the first time in a while.

[CordMcNally]

The US should put energy independence back as a top priority. Every type of energy. We should be transitioning to sustainable energy as a priority, while being a net exporter of oil. I’m all for transitioning, but it will take time. It’s a national security issue at this point.

I think being a net exporter of oil is a pipe dream. We'd have to increase oil production by like 60-70% which is no easy task. ************************, just a week or two ago this administration was talking about decreasing oil production.

The real world just came knocking, and it’s time to get some realistic leadership and ideas in place on many levels. (At least until the Cybertank starts rolling off the Tesla assembly line).

Don't hold your breath on the Cybertruck.

[artemis]

The U.S. government still hasn't sanctioned the Russian energy sector or banned Russian and Belarusian aircraft from U.S. airspace. Not sure why the delay on an oil and gas embargo.

Well we wouldn't want our brave American "patriots" paying more at the gas pump, especially before midterm elections. (It disgusts me to admit it, but there are Americans who would put cheap gas ahead of defending a foreign democracy from conquest by a brutal dictatorship.)

I suspect (Russian oligarch) money is behind the lack of flight bans as well, which is even more disturbing.

Good to see the Swiss move away from traditional Swiss neutrality.

Yes, indeed!

[CM]

The U.S. government still hasn't sanctioned the Russian energy sector or banned Russian and Belarusian aircraft from U.S. airspace. Not sure why the delay on an oil and gas embargo.

From WSJ:
House lawmakers have introduced legislation designed to end normal trade relations with Russia with measures that could significantly increase tariffs on imports from the country.

The legislation would end the U.S. policy of treating Russia as a so-called most favored nation, a key principle of the World Trade Organization that requires member countries to guarantee equal tariff and regulatory treatment to other members.

The legislation could boost import duties on Russian oil and oil products by two to four times, according to an analysis by Terence P. Stewart, a trade lawyer. For a range of products that are currently imported duty free, a 20% tariff could be added.

[Kamban]

It'll take years to move away from internal combustions engine cars, but better to get the ball rolling in earnest now.

I wish we did not play politics with the transition away from fossil fuels. I fully support "Made in America" tax credits but what was the reason to tack on the stupid "union made" credit. Such idiotic moves makes torpedoes any bills and makes us not have a coherent forward looking energy policy. We were one of the pioneers of EV with Tesla but looks like the world is going to leave us behind as they swiftly overtake us.

[CordMcNally]

I wish we did not play politics with the transition away from fossil fuels. I fully support "Made in America" tax credits but what was the reason to tack on the stupid "union made" credit. Such idiotic moves makes torpedoes any bills and makes us not have a coherent forward looking energy policy. We were one of the pioneers of EV with Tesla but looks like the world is going to leave us behind as they swiftly overtake us.

I think it was only a matter of time before the typical car manufacturers surpassed Tesla. There's doers and thinkers. I've always thought that Tesla was more of a thinker. They're a technology company, not a car manufacturer. Once the actual car manufacturers started catching up in technology then they'll blow by them. Tesla will always be a trailblazer, though.

[Tangler]

1. Be energy independent. a security issue.
Increase production. Approve new modular nuclear reactors. Stop buying gas from Russia

2. Help Ukraine. Stop buying gas from Russia. Harsh sanctions. Get weapons & aide to Ukraine.

3. Wake up call. Stop allowing China to steal our technology. Arm Taiwan. Start building / manufacturing critical materials (steel, computer chips, etc.)
Encourage production in USA. Encourage production in Mexico & south America. Help modernize & improve the economy & productivity of our southern neighbors.

4. Realize climate change is not a crisis. Russian tanks rolling into a previously free country is a crisis.
Buying oil from Russia is not helpful for either.

[uptoolate]

Norway sending 2,000 M72 anti-tank missiles to Ukraine, reversing a policy against exporting weapons to non-NATO countries that has been in place since the 1950s. And I read that the Netherlands was sending 2,000 Stingers. I'm sure all the NATO pilots are going crazy looking at those satellite photos of the Russian columns backed up all over the Ukrainian highways. Nothing but admiration for the people defending their homeland.