Putin Says Most Of Wagner Are Also Patriots; Thanks Commanders And Soldiers Of Wagner Who Avoided Bloodshed; Says I Promise Those Of Wagner Who Want To Go To Belarus, I Will Keep My Promise
Portfolio Pulse from Happy Mohamed
Russian President Putin praised Wagner Group soldiers and commanders for avoiding bloodshed and promised to keep his commitment to those who want to go to Belarus. This may impact ETFs like SPY and VGK.
June 26, 2023 | 7:18 pm
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NEGATIVE IMPACT
Putin's support for Wagner Group soldiers may impact the SPDR S&P 500 ETF Trust (SPY) due to potential geopolitical tensions.
Putin's support for the Wagner Group may lead to increased geopolitical tensions, which could negatively impact the overall market sentiment and affect the SPY ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Vanguard FTSE Europe ETF (VGK) may be impacted by Putin's support for Wagner Group soldiers due to potential geopolitical tensions in the region.
Putin's support for the Wagner Group may lead to increased geopolitical tensions in Europe, which could negatively impact the overall market sentiment and affect the VGK ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50