Belarus' Lukashenko Said Belarus Will Not Hesitate To Use Nuclear Weapons In Case Of Aggression Against It
Portfolio Pulse from Charles Gross
Belarusian President Lukashenko stated that Belarus would not hesitate to use nuclear weapons if faced with aggression, according to Reuters citing Belta.
June 13, 2023 | 9:08 am
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NEGATIVE IMPACT
Increased geopolitical tensions may lead to short-term market volatility, potentially impacting the SPY ETF.
Geopolitical tensions often lead to market volatility, which can impact broad market ETFs like SPY. The statement from Belarus' President may increase uncertainty and risk aversion among investors, leading to a potential short-term negative impact on SPY.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Belarus' nuclear weapon warning may increase geopolitical risks in Europe, potentially affecting the VGK ETF in the short term.
Belarus' statement may heighten geopolitical risks in Europe, which could affect European markets and ETFs like VGK. Increased uncertainty and risk aversion among investors may lead to a short-term negative impact on VGK.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 60