UBS On-Air: Paul Donovan Daily Audio 'The 1812 Overture'

In Russia, the mercenary Wagner group’s march on Moscow, and subsequent retreat from the march on Moscow has occupied news headlines. Financial markets have bordered on indifference. Political and media attention may be diverted from other issues like the cost of living crisis, but this is not dramatic enough to concern investors. There are two obvious ways markets might be made to care.