Russia's Putin Says The Death Of Thousands Of Innocent People In The Middle East Cannot Be Justified; Ruling Elites In U.S. Are Main Beneficiaries Of Global Instability; Those Elites Don't Need Lasting Peace In The Holy Land, They Need Chaos
Portfolio Pulse from Benzinga Newsdesk
Russian President Putin has accused the U.S. ruling elites of benefiting from global instability, particularly in the Middle East. He suggests that these elites do not desire lasting peace in the region, but rather chaos.
October 30, 2023 | 6:27 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be impacted by Putin's comments, as they suggest ongoing instability in the Middle East.
Putin's comments suggest a continuation of instability in the Middle East. As EIS tracks the investment results of an index composed of Israeli equities, ongoing instability in the region could negatively impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could see some impact from Putin's comments, as they suggest a potential for increased global instability.
Putin's comments suggest a potential for increased global instability. As SPY tracks the S&P 500, which includes companies with significant international operations, increased global instability could negatively impact the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The United States Oil Fund (USO) could be impacted by Putin's comments, as they suggest ongoing instability in the Middle East, a major oil-producing region.
Putin's comments suggest a continuation of instability in the Middle East, a major oil-producing region. This could potentially disrupt oil production and supply, negatively impacting the performance of USO, which tracks the price of West Texas Intermediate light, sweet crude oil.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) could see some impact from Putin's comments, as they suggest a potential for increased global instability.
Putin's comments suggest a potential for increased global instability. As VGK tracks the FTSE Developed Europe All Cap Index, which includes companies from developed European countries, increased global instability could negatively impact the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50