RE: Come on EUA!14 Oct 2024 18:38
Mr_w, i think that *if* trump gets in, he will indeed significantly curtail US support for ukraine, and that in turn will severely limit military and strategic options for retaking the eastern lands currently under russian occupation. but i don’t think american isolationism will turn putin into a dove and a friend of the west, and although it might make things less kinetic in the ukraine in the short and medium term, it won’t bring ‘peace’ to that area, and it won’t resolve the sovereignty issues.
particularly europe (including UK interests) will remain severely under threat from a rampant putin, and if trump hides away, the EU and UK will have to ramp up their military stance still further rather than kissing putin.
none of this makes EUA’s poor quality assets any more valuable than they have been for years and years.
… s/p and underlying value, of course, not the same thing, hence all the pump and dumps …