
HOUTHI ATTACK UAE – TECH STOCKS FALL
By Nigam Arora & Dr. Natasha Arora
Houthi Attack UAE
Please click here for a chart of oil ETF USO.
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?