Early observations on invasion day

Europe is going down?

These days, a lot of Russia experts that had little clue about where Donetsk was on the map just a few weeks ago, are now explaining the effects of the Russian/Ukraine situation and how bad it is for Europe. Yes, Europe is the biggest sucker (as always), but when a US equity sales guy calls us this early from the NY explaining that Eurostoxx 50 is the biggest loser from this situation and that you should buy SX5E protection you start asking yourself, if this is the peak geopolitics fear?