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Notes -
Not only are they stable, the global stock market (as measured by VT)—the aggregation of forward-looking, skin-in-the-game outlooks for the world economy—closed two days in a row for record highs on Thursday and Friday. This is on the tails of having just hit a then-record high about two weeks ago prior.
We're now up about 2.7% since before the war begin, which is a good return for a two-month span. On the country level, it has been well-demonstrated empirically (thus, confirming the theoretical expectation) that stock market returns are a strong predictor of future GDP growth, and the global stock market is just the collection of country stock markets across the world.
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