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MINT - Geopolitical Risk Could Cause Higher VIX Levels
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
This week, we saw markets hit new highs, and the Dow Jones Industrial Average (DIA) fell over -400 points on Tuesday night, as Iran shot ballistic missiles at U.S. bases in Iraq. The defense secretary, Mark Esper, said he believes the U.S. has reestablished deterrence from another Iranian attack but added that he expects the U.S. to be challenged by Shiite proxy militias in the region. Our own defense secretary believes we are still vulnerable to more future attacks from militia, and the U.S. is on high-alert for future incidents. One fact that was tested