Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

It might, or Russia might set off a nuke in the next month. That's their doctrine for when they're losing conventionally, after all, and they've certainly threatened it. If that happens gas is going to go sky-high, as we'll probably be immersed in WW3.

Hard to predict the future, particularly in times of crisis. I'd expect expectations to ebb and flow like they have since the pandemic started.

The Russian economy was also supposed to collapse months ago based on how the sanctions were portrayed. It makes more sense to not assume too much too soon.