US President Trump posts "United States Munitions Stockpiles have, at the medium and upper medium grade, never been higher or better"
Newsquawk Staff ·
Full post "The United States Munitions Stockpiles have, at the medium and upper medium grade, never been higher or better - As was stated to me today, we have a virtually unlimited supply of these weapons. Wars can be fought “forever,” and very successfully, using just these supplies (which are better than other countries finest arms!). At the highest end, we have a good supply, but are not where we want to be. Much additional high grade weaponry is stored for us in outlying countries. Sleepy Joe Biden spent all of his time, and our Country’s money, GIVING everything to P.T. Barnum (Zelenskyy!) of Ukraine - Hundreds of Billions of Dollars worth - And, while he gave so much of the super high end away (FREE!), he didn’t bother to replace it. Fortunately, I rebuilt the military in my first term, and continue to do so. The United States is stocked, and ready to WIN, BIG!!! Thank you for your attention to this matter. President DONALD J. TRUMP"
What it means
President Trump's statement on the U.S. munitions stockpiles suggests a focus on military strength and readiness, potentially indicating a hawkish tone in defense policy. This kind of messaging might have implications for geopolitical tensions, especially in regions like Ukraine, and could influence investor sentiment in defense-related equities and commodities such as oil and gold. Traders should consider how this rhetoric may affect risk appetite across asset classes moving forward.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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