Russia is falling into a recession and that will affect the rest of the world, says Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab. He discusses crude oil (/CL) and aluminum. He points out that China's February PMI numbers came out this morning and were strong, despite omicron and the Olympics breakdown. He and Oliver discuss the sharp decline in the Russian Ruble. He doesn't think this event will affect emerging markets.
01 Mar 2022