White House's NSC Coordinator For Strategic Communications John Kirby Says We Do Not Believe A Ceasefire Is The Right Answer Now
Portfolio Pulse from Benzinga Newsdesk
John Kirby, the White House's NSC Coordinator for Strategic Communications, has stated that they do not believe a ceasefire is the right answer now. This could potentially impact the geopolitical landscape and related assets.
October 30, 2023 | 7:56 pm
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NEGATIVE IMPACT
The statement from the White House could potentially impact the geopolitical landscape, which may affect the performance of the iShares MSCI Israel ETF (EIS).
The White House's stance on ceasefire could lead to increased geopolitical tensions, which often negatively impact the stock market. As EIS is an ETF that tracks the investment results of an index composed of Israeli equities, it could be directly affected by these developments.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The statement from the White House could potentially impact the geopolitical landscape, which may affect the performance of the SPDR S&P 500 ETF (SPY).
The White House's stance on ceasefire could lead to increased geopolitical tensions, which often negatively impact the stock market. As SPY is an ETF that tracks the S&P 500 index, it could be indirectly affected by these developments.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The statement from the White House could potentially impact the geopolitical landscape, which may affect the performance of the United States Oil Fund (USO).
The White House's stance on ceasefire could lead to increased geopolitical tensions, which often affect oil prices due to potential disruptions in supply. As USO is an ETF that tracks the price of oil, it could be directly affected by these developments.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60