If a deal is made, will commerce go back to the way it was?/Other stuff

On hopes that the Russia/Ukraine war can finally end (I'm guessing with Ukraine ceding the eastern part of the country to Russia in return for guarantees that Putin would never invade again, including security protections given by others), natural gas prices in Europe are down for a 3^rd day but still remain above where they were a few weeks ago and double where they were one year ago today when last winter was mild. That said, they are well below the panic spike soon after the initial invasion. Brent crude is down 1% today after a 2.4% fall yesterday but is down just slightly on the week. A key question upon an end to the war is whether the economic separation that has taken place between Russia and Europe (along with others aligned, like the US) over the past 3 years continues. Will Germany resume Russian natural gas imports? Will the US resume uranium conversion/enrichment imports from Russia? etc... I can’t imagine things going back to the way it was in terms of commerce as long as Putin is alive and his regime is still in place.

TTF Natural Gas Price

Here is a fresh stock market sentiment check. Today's AAII measure of the mood of the individual investor is pretty bearish. While this is my least favorite gauge as it's very fickle and reads like an EKG chart, it still can't be ignored when it gets offsides. Bulls fell 4.9 pts to 28.4, a 4 week low while Bears rose by 4.4 pts to 47.3, the most since November 2023. On the flip side, the weekly Investors Intelligence survey has Bulls still well above Bears, though well off its peak spread. Bulls were 46.8 vs 49.2 in the week before while Bears slipped too to 29 from 30.2 with the balance expecting a Correction. The CNN Fear/Greed index closed at 43 vs 44 one week ago and slightly in the 'Fear' camp. The Citi Panic/Euphoria index is still well into Euphoria land at .67 vs the threshold of .41.