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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“We want Venezuela to immediately accept all of the prisoners, and people from mental institutions, which includes the Worst in the World Insane Asylums, that Venezuelan “Leadership” has forced into the United States of America. Thousands of people have been badly hurt, and even killed, by these “Monsters.” GET THEM THE HELL OUT OF OUR COUNTRY, RIGHT NOW, OR THE PRICE YOU PAY WILL BE INCALCULABLE!”
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 heightened geopolitical tensions between the United States and Venezuela, potentially affecting investor sentiment in Latin American markets. This may indirectly impact the iShares MSCI Brazil ETF, as investors might become cautious about the stability of the region, leading to increased volatility. Additionally, any perceived threats to regional trade or diplomatic relations could influence the ETF’s performance negatively.
Here are some of the stocks that might be affected:
iShares MSCI Brazil ETF ((EWZ)).