Russell Hackmann sees some “pretty concerning” signs in the market for a protracted war and doesn’t expect energy prices to drop “in an instant” after peace. He thinks the Fed could even raise rates this year due to inflation pressures. He’s looking at dividend stocks to “hide out” during volatility and thinks a lot of investors may want to reduce risk after the 70% SPX run over the last few years. He reacts to the breaking news that Congress is not moving forward with TSA funding today.

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