U.S. Issues New Sanctions Related To Russia And North Korea
Portfolio Pulse from Happy Mohamed
The U.S. Treasury Department has issued new sanctions related to Russia and North Korea. This could potentially impact the global market and specific ETFs such as EWY, SPY, and VGK.
August 16, 2023 | 3:38 pm
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NEGATIVE IMPACT
The new sanctions could potentially impact the South Korean market, affecting the performance of the iShares MSCI South Korea ETF (EWY).
Sanctions can lead to economic instability, which can negatively impact the performance of ETFs related to the sanctioned countries. EWY, being a South Korea ETF, could be affected if the sanctions impact the South Korean economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The new sanctions could potentially impact the U.S. market, affecting the performance of the SPDR S&P 500 ETF (SPY).
Sanctions can lead to economic instability, which can negatively impact the performance of ETFs related to the sanctioned countries. SPY, being a U.S. ETF, could be affected if the sanctions impact the U.S. economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The new sanctions could potentially impact the European market, affecting the performance of the Vanguard FTSE Europe ETF (VGK).
Sanctions can lead to economic instability, which can negatively impact the performance of ETFs related to the sanctioned countries. VGK, being a Europe ETF, could be affected if the sanctions impact the European economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70