The upshot is boycott #oil and other #energy from #Russia. Tracking variables like a financial condition index are important to see if the economic measures being applied work. Quick explanation of the concept of a financial condition index below
https://twitter.com/RobinBrooksIIF/status/1505167775844737033
Financial condition index is like the more standardized monetary condition index but uses variables such as currency price and asset price to make up the shortage of some conventional variables such as money supply and interest rate
en.m.wikipedia.org/wiki/Monetary_…
en.m.wikipedia.org/wiki/Monetary_…
Financial condition indices are usually proprietary and selection of appropriate variables requires consideration. The federal reserve prepares a US national FCI and analysts such as those at Goldman Sachs prepares various international FCIs
goldmansachs.com/insights/pages…
goldmansachs.com/insights/pages…
Improving financial conditions show Russia’s reengagement with western markets via an unexpected debt payment last week, reopening of the Moscow exchange and a rebounding Ruble. They fear financial isolation. We must plug the remaining gaps in sanctions
https://twitter.com/hellomrbond/status/1505301224668631040?s=21
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