It looks like geopolitics is back on the menu as we look to the day ahead. From the man himself:
“The United States needs Greenland for the purpose of National Security. It is vital for the Golden Dome that we are building. NATO should be leading the way for us to get it. IF WE DON’T, RUSSIA OR CHINA WILL, AND THAT IS NOT GOING TO HAPPEN! Militarily, without the vast power of the United States, much of which I built during my first term, and am now bringing to a new and even higher level, NATO would not be an effective force or deterrent – Not even close! They know that, and so do I. NATO becomes far more formidable and effective with Greenland in the hands of the UNITED STATES. Anything less than that is unacceptable. Thank you for your attention to this matter! President DJT”
What a time to be alive when world leaders start talking about countries and territories ever so trivially, as though like a kid talking about toys.
With Nvidia also in the microscope as China bans its H200 chips, it’s going to be a bumpy start for US stocks later at the open. S&P 500 futures are already down 0.4% on the day now with Nasdaq futures down 0.6% and Dow futures down 0.3%.
Circling back to geopolitics, it’s not just Greenland in the picture at the moment. Trump also has his eyes on Iran and that is also drawing plenty of flak from other big nations.
This article was written by Justin Low at investinglive.com.