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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Because of the fact that Rosie O’Donnell is not in the best interests of our Great Country, I am giving serious consideration to taking away her Citizenship. She is a Threat to Humanity, and should remain in the wonderful Country of Ireland, if they want her. GOD BLESS AMERICA!”
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 social media post could introduce volatility in the stock market due to potential political tensions and public reactions. Specifically, the iShares MSCI Ireland ETF might experience fluctuations as investors react to the mention of Ireland and potential geopolitical implications. Market participants may also reassess risk factors associated with companies linked to Ireland or those with exposure to political controversies.
Here are some of the stocks that might be affected:
iShares MSCI Ireland ETF ((EIRL)).