January 18, 2022

HOUTHI ATTACK UAE – TECH STOCKS FALL

By Nigam Arora & Dr. Natasha Arora

Houthi Attack UAE

Please click here for a chart of oil ETF .

Note the following:

  • Investors need to understand the impact of geopolitics on their portfolios.
  • For a while, it has been mostly calm on the geopolitical front, but that may not last.
  • Houthis control Yemen.
  • Houthis are aligned with Iran.
  • Iran is flexing its muscle to persuade the U.S. to lift sanctions.
  • Houthis attacked the United Arab Emirates with missiles and drones. The attack set off explosions and killed three people near the airport in Abu Dhabi.
  • Why should you care about any of the foregoing?
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