Stocks Surge On Report Of “Careful Optimism” In Ceasefire Talks

Stocks Surge On Report Of “Careful Optimism” In Ceasefire Talks

US equity markets are rallying following a report from Axios’ Middle East correspondent, Barak Ravid, of “careful optimism” over ceasefire talks.

BREAKING: I spoke today with President Zelensky’s chief of staff Andriy Yermak. He said there was progress in the ceasefire negotiations with Russia and expressed “careful optimism”. More soon on @Axios

— Barak Ravid (@BarakRavid) March 24, 2022

The reaction was “buy first, think later”….

We suspect, given Zelenskiy’s tone this morning with G-7 comments, this excitement may fade fast.

Tyler Durden
Thu, 03/24/2022 – 11:36

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