White House's Sullivan Said Expect To Announce Additional Ukraine Aid At Some Point Next Week
Portfolio Pulse from Charles Gross
The White House is expected to announce additional aid for Ukraine next week, according to National Security Advisor Jake Sullivan.
September 15, 2023 | 5:42 pm
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NEUTRAL IMPACT
The announcement of additional aid to Ukraine by the White House may have indirect effects on SPY as it reflects the US government's foreign policy stance.
While SPY is not directly linked to Ukraine, it is a broad-based ETF that can be influenced by major geopolitical events and policy decisions. The announcement of additional aid to Ukraine may impact investor sentiment and cause some volatility in the market, potentially affecting SPY.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The announcement of additional aid to Ukraine by the White House may have indirect effects on VGK as it reflects the US government's foreign policy stance.
While VGK is not directly linked to Ukraine, it is an ETF that tracks European stocks and can be influenced by major geopolitical events and policy decisions. The announcement of additional aid to Ukraine may impact investor sentiment and cause some volatility in the market, potentially affecting VGK.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50