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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“The War between Russia and Ukraine is a violent and terrible one that, with strong and proper U.S. and Ukrainian LEADERSHIP, would have NEVER HAPPENED. It began long before I took office for a Second Term, during the Sleepy Joe Biden Administration, and has only gotten worse. If the 2020 Presidential Election was not RIGGED & STOLEN, the only thing the Radical Left Democrats are good at doing, there would be no Ukraine/Russia War, as there wasn’t, not even a mention, during my first Term in Office. Putin would never have attacked! It was only when he saw Sleepy Joe in action that he said, “Now is my chance!” The rest is history, and so it continues. I INHERITED A WAR THAT SHOULD HAVE NEVER HAPPENED, A WAR THAT IS A LOSER FOR EVERYONE, ESPECIALLY THE MILLIONS OF PEOPLE THAT HAVE SO NEEDLESSLY DIED. UKRAINE “LEADERSHIP” HAS EXPRESSED ZERO GRATITUDE FOR OUR EFFORTS, AND EUROPE CONTINUES TO BUY OIL FROM RUSSIA. THE USA CONTINUES TO SELL MASSIVE $AMOUNTS OF WEAPONS TO NATO, FOR DISTRIBUTION TO UKRAINE (CROOKED JOE GAVE EVERYTHING, FREE, FREE, FREE, INCLUDING “BIG” MONEY!). GOD BLESS ALL THE LIVES THAT HAVE BEEN LOST IN THE HUMAN CATASTROPHE! President DJT”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s statement could lead to increased volatility in the stock market, particularly affecting defense stocks such as Lockheed Martin, Northrop Grumman Corp., and RTX Corporation, as well as ETFs like Invesco Aerospace & Defense ETF, SPDR S&P Aerospace & Defense ETF, and iShares U.S. Aerospace & Defense ETF. His comments on U.S. leadership and military aid to Ukraine could influence investor sentiment, potentially driving up demand for defense stocks due to perceived geopolitical instability. Additionally, the mention of continued European oil purchases from Russia might impact energy markets, indirectly affecting defense sector investments.
Here are some of the stocks that might be affected:
Lockheed Martin ((LMT)),
Northrop Grumman Corp. ((NOC)),
Rtx Corporation ((RTX)),
Invesco Aerospace & Defense ETF ((PPA)),
SPDR S&P Aerospace & Defense ETF ((XAR)),
iShares U.S. Aerospace & Defense ETF ((ITA)).