Trump-Zelenskiy clash adds to market nervousness

MT HANNACH
6 Min Read
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(Reuters) – Ukrainian president Volodymyr Zelenskiy left the White House early Friday after a controversial oval office meeting with President Donald Trump, said a White House official.

Zelenskiy is “not ready for peace if America is involved,” American president Donald Trump said on Friday in an article on Truth Social, following a controversial meeting between the managers of the Oval Office.

“I determined that President Zelenskyy is not ready for peace if America is involved, because he considers that our involvement gives him a great advantage in negotiations. I do not want more, I want peace. He missed in the United States of America in his darling oval office. He can come back when he is ready for peace,” said Trump.

The S&P 500 briefly plunged and then joined 0.4%. The euro extended a slight loss and was reduced by 0.27% to 1.0369.

Comments:

Carol Schleif, chief market strategist, BMO Private Wealth, Minneapolis, Minnesota

“The markets will continue to be more focused on pricing policy – how much, which, when – and what this implies for commercial activity and expenses and confidence of consumers. Most American investors (and voters) pay attention to what brings the pocket book closer to their homes and Russia / Ukraine has only been one of the many global considerations on the edges for a very long time. »»

“On the other hand, European markets could be more impacted since it seems more and more clear than the defense of Ukraine and / or the holding of Russia will be left to them”

Adam Sarhan, Managing Director, 50 Park Investments, New York

“The market initially sold because it was a heated and controversial conversation, which is generally not a good thing between two world leaders, especially when it has to do with a war. The news, if you watched it live, it was quite worrying. It was heated, and Zelenskiy is considered an ally of the United States. Trump offers him an agreement. Mexico.”

Front Marshall, senior managing director, Front Barnett, a merisow company, in Chicago

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