NEWS
 
Trouble in Ukraine affects gasoline prices, stock markets
Unrest in Ukraine is causing instability in the marketplace and when that happens investors become risk-averse.
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If your RRSP mutual funds are taking a hit of late or if you're wondering why gasoline prices are going up, one of the key elements is Ukraine.  

It is causing instability in the marketplace and when that happens investors become risk-averse.  

Some dive for cover and get out of stocks while other plunge in figuring oil prices will go up, driving gasoline prices higher.

Over the weekend, so-called pro-Russian militants seized government buildings in a number of cities and towns in eastern Ukraine and hoisted Russian flags.   

The acting President of Ukraine told the militants that if they weren't out of those buildings by 1:00am Toronto time, he would unleash his military in an all-out anti-terrorist action to arrest them.

Russia is warning Ukraine.  The U.S. is warning Russia.

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  1. john posted on 04/14/2014 11:48 AM
    more lame ass excuse to raise prices in gas and insurance . thay keep it up there will be nobody buying the gas and insurance cause thay will be out of money .
    1. Karl Burgin posted on 04/15/2014 10:46 AM
      @john i concur...sigh
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If your RRSP mutual funds are taking a hit of late or if you're wondering why gasoline prices are going up, one of the key elements is Ukraine.  

It is causing instability in the marketplace and when that happens investors become risk-averse.  

Some dive for cover and get out of stocks while other plunge in figuring oil prices will go up, driving gasoline prices higher.

Over the weekend, so-called pro-Russian militants seized government buildings in a number of cities and towns in eastern Ukraine and hoisted Russian flags.   

The acting President of Ukraine told the militants that if they weren't out of those buildings by 1:00am Toronto time, he would unleash his military in an all-out anti-terrorist action to arrest them.

Russia is warning Ukraine.  The U.S. is warning Russia.

Leave a comment:

showing all comments · Subscribe to comments
  1. john posted on 04/14/2014 11:48 AM
    more lame ass excuse to raise prices in gas and insurance . thay keep it up there will be nobody buying the gas and insurance cause thay will be out of money .
    1. Karl Burgin posted on 04/15/2014 10:46 AM
      @john i concur...sigh
showing all comments

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