AMEX:SPY   SPDR S&P 500 ETF TRUST
Hi, today we are going to talk about SPY and its current landscape.
Despite being antagonists for the most of the recent times, Democrats and Republicans yesterday voiced a unison criticism against President Donald Trump, as House overwhelmingly voted against the President decision of removing troops from Syria, implying that the U.S should keep supporting its Kurdish allies (currently being massacred outdoors by the Turkish army) and pressuring that the Turkish President ends any military action in the area. The irony of the Trump argument, that takes the point of view, that this question isn't a USA problem, that troops should be at home (acting as he actually cares for U.S soldiers families), since he started to deploy thousands of troops in Saudi Arabia, claiming that has the purpose to enhance its allies defense. The other bizarre aspect of this movement its that this greatly benefits Russia, filling the void and keeping increasing its profits and influence on the region, since Russia supports Syria government and sells military equipment to Turkey (that its going to demand more, due to the conflict and the suspension of supply from European Union).
Putin in the other hand has come in Trump's defense about the Ukraine call (the core of the current impeachment inquiry against Trump), trying to demoralize investigations and prosecutor's, this coalition of events can expose Trump to real threats since he started to lose support among its allies, due to the Syria movement, and providing pretexts to reinforce accusations of collusion and conspiracy against Trump and fire up the impeachment inquiry. This misstep of Trump can affect the next election run stability and fuelling a political turmoil bigger than the current one. Today's question its if U.S markets will give more weight to Washington's recent events or the earning season.
Thank you for reading and leave your comments if you like.

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