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Financial Sector Ignores Ukraine, Pushing Stocks Higher

August 21, 2023
in Trade Tube
Reading Time: 1 min read
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The stock market continues to shrug off the Ukraine crisis and move higher, even though the volume isn’t. Jason Weisberg of Seaport Security does not believe the crisis is over, but the stock market has decided nothing terrible will happen. The financial sector is leading the way once again and the broader market usually follows this group. Even though financials have been laying people off and trading volumes are low, Weisberg notes the group is more nimble now than in the past.

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