– Nowhere to hide among broad asset classes as risk assets declined across the board. High inflation and the Russian invasion of Ukraine dominate headlines.
– Only one of nine sectors moved higher – Energy – which climbed 2%. But, it wasn’t enough to keep value stocks out of the red this week.
– An eerie sight – Russian equities are showing up as 100% decline. No Russian investments are trading.
– Gold and silver provided a safe haven, advancing 1% and 1.5% respectively.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20220312-World-Wrap-pdf.png)