Russia in Ukraine: Let Loose the Dogs of War!

Russia's invasion of the Ukraine is the news of the day, dominating political, economic and market news. While it may seem callous to be looking at market and investing implications in the midst of war, I am not a political expert with solutions to the crisis, and I will stick to what I know. The crisis has affected stock and bond markets, with catastrophic consequences for Russian and Ukranian companies, but with ripple effects for other markets. I catalogue the effects of the crisis so far (through March 16) on regions, sectors and groupings (maturity, indebtedness) of companies. I also look at how it has played out in commodity markets and affected inflation views and raised concerns about economic growth. I close by revaluing the S&P 500, and then extending the discussion of other investments, going forward.
(If you have trouble downloading with Chrome, try a different browser.)

[andrewmeyer]

The type of clarity of thinking that is needed during this time professor. Thank you for the video, it was very instructive.

[PeachGardenOath]

Thank you for making your work free and easily accessible! Really does make a difference for us humble folks

[IDTS]

(4:05) Czechoslovakia recently (1993) split into Czech Republic and Slovakia ;)

[alexi]

Factual and logical analysis, joy to listen to Prof.

[AR-gors]

Thank you very much Professor Damodaran. It's such a pleasure to watch your unique and uncomparable extraordinarily interesting and useful financial tutorials.

[alekc]

Thank you Professor, I was waiting for your wise words.
Thank you very much

[nileshgada]

Thanks sir for sharing your insights!! True valuable findings by you !! Appreciate your open mind approach !!

[rohithnaik]

I was waiting for this video !! Thank you.

[christophersurnname]

I wish you would do more of these videos on a very regular basis. It exposes us to a way of thinking and a general framework of considering current events in markets that is invaluable to our development in learning and understanding finance. Many thanks for the video.

[angelika]

thank you we need to understand you are very generous!

[EatMyOats]

BCOM, Bloomberg Commodity Index, is well balanced to use as Inflation. With Russia fertilizer halted by US, approximately 1 billion people will have much less food. The Grand Solar Minimum scientist prediction for 28% less food production worldwide over the next dozen years may add to inflation. I agree with you the Federal Reserve policy had created an inflationary environment before covid and now this conflict.

[jiridos]

Dear Prof, thank you for the insightful seminar. I just have to correct you on one little detail. I'm 25 and I was born in the Czech Republic. Czechoslovakia does not exist anymore since about three decades.

[ronnybaekelant]

Incredible insight and very fine analysis based on facts and figures.

[AmrTX]

You deserve so much more viewers and subscribers

[Pietsuttaja]

Super interesting and educating content! Keep it up!

[marshkid]

Wow, beautiful analysis and delivery. Thank you!

[javaChai]

What’s your view on Chinese tech stocks like alibaba etc after the recent news about china govt supporting them?

[marcd.]

Thank you Prof. Damodaran for this thorough analysis. Please note that reference to Ukraine as "the Ukraine" is associated with Ukraine's status as a region within Russia or the USSR, as opposed to an independent state. "The Ukraine" is commonly used, but most Ukrainians appreciate when English speakers drop the "the". Regardless, thank you for making these high-quality lessons accessible to all.

[rihardsgr]

Can somebody explain to me how we arrive at Expected Terminal Value by dividing by (.08-.03)? What's the idea behind the divisor?

[yazanasad]

How you would look at big tech in Chinese markets?