Good evening.
Markets continue to slide, U.S. warns Russia could invade Ukraine soon, and Charlie Munger compares crypto to a 'venereal disease.'
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks tumbled on Thursday as geopolitical tensions and the prospect of tighter monetary policy roiled markets.
The Dow Jones fell 1.78%, its steepest one-day decline of 2022.
Investors continued to be on edge about the ongoing tensions between Russia and Ukraine.
The U.S. said a Russian invasion could happen 'any day.'
The crypto market fell on Thursday, with Bitcoin trading near $40.6k and Ether near $2.9k, as cryptocurrencies moved lower with stocks.
Catch Up
Charlie Munger says he is proud of having not invested in crypto, compares it to 'venereal disease.'
Biden says the threat of Russian invasion of Ukraine is 'very high.'
U.S. mortgage rates are now near 4%, the highest level since May 2019.