U.S. equities are down Monday after rallying at the end of the previous week, leaving investors even more uncertain about how markets will react to the Russian invasion of Ukraine. Ahmed Riesgo says that while he doesn’t believe the invasion will have a lasting effect on global financial markets, they will take a short-term hit. Riesgo’s strategy for investors is to leave cash undeployed and to wait for either a sell-off post invasion or a conclusive diplomatic resolution.
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