The Econometer Panel and I Weigh-In On Ukraine

Question: Does the Russian invasion of Ukraine raise short-term concerns about the economy, particularly in San Diego?

My Answer: NO

San Diego businesses have to have an almost “believe it when I see it” attitude. If we reacted to every current events item in the news we would drive ourselves, our customers and our employees crazy. The world has become very small and we are clearly affected by events thousands of miles away from our business market, but we can only take serious action when a situation actually matures, not when there is just the possibility of it happening.

Read the whole UT San Diego article here: EconoMeter panel considers Ukraine effect

What do you think?  Share your thoughts in the comments below!