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Sizing up the U.S. economic exposure to Russia

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Trade and direct investment ties between the U.S. and Russia have minimal impact on the aggregate U.S. economy. U.S. portfolio holdings of Russian securities are also small as a share of total holdings. But sanctions and counter-sanctions could still have a meaningful negative impact in the U.S. through contagion, higher inflation, and tighter financial conditions.

Ned Davis Research | Economics | U.S. Focus | Monthly

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