All three major U.S. equity indices fell a second-straight month, whipsawed by Russia’s war with Ukraine together with Western nations taking steps to isolate Russia. Disruptions to supplies from both nations’ raw materials such as grain, metals and energy are likely to extend red-hot inflation and threaten global growth.
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The Monthly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.
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