statement from the white house, indicating that u.s. president joe biden plans to imposed sanctions on those pro-moscow separatist regions in eastern ukraine. that announcement has sent the price of crude oil soaring. what we have here is just growing volatility, growing uncertainty about the fate and future of ukraine and beyond. and the bottom line is this is not good news for the markets. in fact, i want to share a couple statements for you. this one, from a senior market analyst and a research note. he writes this quote, it feels like the situation can dramatically escalate at any moment and that is going to keep investors on edge for now. we may well be on the brink of something terrible happening and that s continuing to feed into the negativity in the markets. up quote. we also received a statement from west peck banking group from the head of fixed income lee search there. and he tells cnn quote i do think it s as much a short squeeze, as a fight to quality. today s move is c