U.S. Expected to Approve Depleted-Uranium Tanks Rounds for Ukraine
Portfolio Pulse from Charles Gross
The U.S. is expected to approve the supply of depleted-uranium tank rounds to Ukraine, according to the Wall Street Journal. This move could potentially impact the SPY and VGK ETFs.
June 13, 2023 | 9:51 am
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NEGATIVE IMPACT
The approval of depleted-uranium tank rounds for Ukraine may lead to increased geopolitical tensions, potentially affecting the SPY ETF.
The approval of depleted-uranium tank rounds for Ukraine could escalate tensions between the U.S. and Russia, leading to increased market volatility. This may negatively impact the SPY ETF, which tracks the S&P 500 index and is sensitive to geopolitical events.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The potential approval of depleted-uranium tank rounds for Ukraine may increase geopolitical risks in Europe, affecting the VGK ETF.
The approval of depleted-uranium tank rounds for Ukraine could heighten geopolitical risks in Europe, as it may escalate tensions between the U.S. and Russia. This may negatively impact the VGK ETF, which tracks European equities and is sensitive to regional geopolitical events.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70