The Russia-Ukraine war could get worse.
For one, “A general in charge of Vladimir Putin’s nuclear troops has been killed by a bomb planted inside an electric scooter by Ukraine’s secret services, sources have confirmed. Lieutenant General Igor Kirillov and his assistant were blown up outside his apartment building around four miles from the Kremlin in Moscow,” as reported by Metro.co.uk.
Two, NATO Secretary-General Mark Rutte says Russia is “preparing for long-term confrontation, with Ukraine and with us.” He added that Europeans need to brace themselves for the possibility of Russia using “swarms of drones” on the continent,” as noted by Voice of America.
While there’s hope President-Elect could help get this chaos under control, tensions are boiling with the latest killing of Lieutenant General Igor Kirillov and his assistant.
Should things get worse, investors can always buy defense ETFs such as:
SPDR S&P Aerospace & Defense ETF (XAR)
The SPDR S&P Aerospace & Defense ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index. Last trading at $154.20, we’d like to see it closer to $170.
Sincerely,
Ian Cooper
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