By Michael Every of Rabobank
Life and markets continue to move beyond satire faster than I can satirise them – but I will do my best regardless.
Russia says recent talks with NATO were a failure; US Senator Rubio states it is “almost certain” Putin will move on parts of Ukraine “very soon”; US National Security Advisor Sullivan says he is “taking stock” and is trying to prevent a “potentially massive” Russian invasion; the Director of Russian Studies at CAN says “Russian preparations for an operation are steadily advancing. Support and logistics trickling in, formations with personnel sent from Eastern MD. The outlook, in my view, has grown worse.”; NATO head Stoltenberg says Sweden and Finland will be accepted into the organization “very quickly” if they decide to join; Der Spiegel reports NATO is preparing for even worse scenarios, such as an armed conflict with the West beyond Ukraine; and the Deputy