This may not end well.
With Russia intensifying its attack on Ukraine, the U.S. is now reinforcing Europe’s Northern Front over fears of a greater war.
The Wall Street Journal states, “The Trump administration wants the North Atlantic Treaty Organization to get more lethal. A testing ground is Europe’s north, where NATO faces Russia on two sides.”
Should a broader war outside of Russia and Ukraine break out, it could easily draw support from North Korea and China, which has been critical of the Ukraine attacks. However, even with its strong opposition to those Russian attacks, China could join Russia if it felt the U.S. and Europe were threatening its interests.
In short, we could be looking at a real mess. On top of all of that, Israel could attack Iran if Iran doesn’t agree to a nuclear deal. That being said, investors may want to diversify with defense ETFs such as:
The iShares U.S. Aerospace & Defense ETF (ITA)
With an expense ratio of 0.40%, the iShares US Aerospace & Defense ETF invests in stocks in the domestic aerospace and defense sector. These stocks can include companies that manufacture both commercial and military aircraft as well as other types of defense-related equipment.
Sincerely,
Ian Cooper
Be sure to catch Joe Duffy tomorrow at 9am for his Eye Opener market chat with John Boyer. These sessions have been getting flooded with visitors and have been handing out some amazing set ups. Sign up here.
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