Putin's "Victory Day" could CRASH the Market | Ukraine & Russia.
FULL TRANSCRIPT
quick preface to this video so i am
filming this while on vacation with my
family and it's devastating that the
people of ukraine do not have the
opportunity to enjoy what we get to
enjoy on a daily basis but i'm taking
time from my vacation to make sure that
we bring attention to these issues and i
wish that everybody has this opportunity
and i cannot wait for this war in
ukraine to end as soon as possible we
have to stop the loss of life hey
everyone meet kevin here it's time for
an update on what's going on in ukraine
and then of course we're also towards
the end of the video going to talk about
how this is affecting our market and
expectations in terms of when this is
actually finally going to end let's go
through all of this okay first we need
to talk about how russia is continuing
their push into southeast ukraine
residents are fleeing we just had a
train station where individuals
civilians were trying to evacuate and a
missile hit the train station uh killing
at least 52. so far russia's advance has
stalled throughout russia however
they're focusing their attention on
southeast ukraine and still cities
outside of kiev including one city 40
miles west of kiev which is on the other
side of the eastern attack right 40
miles to the west of kiev russians are
coming from belarus where 40 percent of
the city is estimated to be destroyed
that's four out of every single 10
buildings estimated to be destroyed and
132 bodies were just found in a mass
grave this is all on top of what we saw
last week going on in buca with burned
bodies civilians children men women
everyone with hands tied behind their
backs
shot
tortured you name it absolutely
disgusting but beyond that we've also
got the russians just doing straight up
stupid things in for example the
chernobyl exclusion zone so what's
really important to remember is that
after the chernobyl nuclear incident the
meltdown there are a lot of radioactive
material was spread throughout the area
around chernobyl that's why there's a
chernobyl exclusion zone the reason it's
an exclusion zone is because there's a
lot of radiation that's actually sitting
just a few inches to up to a foot
underneath the ground the surface level
and when that gets disturbed very high
levels of radiation go in the air that
can cause cancer that's very bad and so
apparently what russians are doing in
the chernobyl exclusion zone despite
scientists and security engineers who
work at chernobyl telling them not to do
this russians are digging trenches and
building bunkers now exposing themselves
to the radiation lingering beneath the
surface by digging in this area they're
exposing themselves to up to 1 000 times
the normal levels of radiation this is
really bad especially since that
radiation could also spread beyond
ukraine's borders especially if
electricity stays off too long at the
chernobyl site because then hydrogen
generated by spent fuels that are stored
there could end up accumulating leading
to an explosion and some experts believe
that within 15 days we could be at risk
of a minor to larger explosions at
chernobyl which would then send a lot of
radioactive materials throughout the air
this is why a lot of people are starting
to stock up on iodine potassium pills
although that only helps prevent you
from having radiation attached to your
thyroid which is only one way that
radiation can affect you a lot of folks
in europe are quite nervous about this
especially since russians appear to be
so dumb that one russian soldier
reportedly picked up a source of cobalt
60 with his bare hands exposing him to
so much radiation within just a few
seconds that when his hands were
measured with a geiger counter the
geiger counter maxed out now you might
be wondering why is chernobyl important
to the russians well it's really their
conduit to go from belarus to kiev and
their surrounding cities so they're
fortifying themselves in the chernobyl
area and there are even reports that as
russians are retreating from the towns
that they've sieged around kiev they're
throwing appliances that they looted
from stores and homes like washing
machines and microwaves and
refrigerators just onto the side of the
freeways as for some reason apparently
they've changed their mind on stealing
the stuff of course we imagine a lot
more has been stolen actually kept now
another thing to keep in mind is that
russia is really trying to refocus their
attack in the east potentially
recruiting as many as 60 000 reservists
now trying to completely capture cities
like marupo would be a massive blow to
the morale of ukrainians though they are
so strong under the leadership of
zelinski i expect they will still stay
strong zielinski though is calling this
eastern battle crucial because he
realizes the last thing he wants us to
start losing more of the eastern region
at the same time china is now
accelerating its nuclear arsenal because
of how it views threats from the united
states now the united states on one hand
is saying we've got to be concerned here
because this could lead to surprise
nuclear attacks from china though most
folks with intelligence from china
expect that china is really just trying
to build up an arsenal equal or greater
to the size of the united states so that
way they could use just having that much
of a nuclear arsenal as a deterrent or
leverage point for negotiations on trade
or conflicts such as even taiwan the
united states has also been training
ukrainian troops since the start of the
war including recently training them on
switchblade armed drones which ukraine
now has 100 of those delivered directly
from the united states
youtube has blocked the russian duma tv
channel now this is a channel that's
kind of like c-span in america where
they share parliamentary debates and
other political news it also now looks
inevitable that russia is going to
default for the first time on some of
their bonds though this has not happened
yet this is an expectation england's
boris johnson the prime minister did
meet with zielinski in kiev and the eu
and italy have re-opened their embassies
in kiev as keef seems to be much more
under control now the ukrainian air
force has about 70 percent of its air
force still up but they're not using the
air force as much as they could because
they fear that if they lose their
airships their warplanes they might not
be able to get replacement airplanes so
they're keeping them for more crucial
parts within ukraine though this also
makes a lot of people question hey
aren't the lives in eastern ukraine
crucial and worth fighting for with
those jets but then the question comes
we know that the ukrainians are
launching these warplanes from airfields
that are still active in western ukraine
and these planes are able to be launched
from western ukraine to help in areas
such as keith but potentially not as far
as the eastern area of ukraine the red
cross has also negotiated multiple safe
corridors russia and ukraine have agreed
to humanitarian corridors to allow
civilians to escape fighting in these
regions so far so good thanks to the
work of the red cross which is awesome
now in exchange the united states has
provided slovakia a patriot
anti-aircraft defense system which is a
newer model one that ukrainians aren't
experienced in but it's kind of
interesting how you're seeing countries
in eastern ukraine provide weapons to
ukraine and them sort of get reimbursed
by the united states i kind of honestly
wish the u.s would just you know grow
some balls and provide these weapons
directly to ukraine however i do
understand the potential implications
here of is that then sort of like
creating world war iii it's sort of
blurry because as we mentioned earlier
the united states is already training
ukrainian troops and providing them
drones so what's the difference now we
got to talk about the length of this
conflict so there's a big day coming up
and it's may 9th may 9th is a really big
day because this is what putin has set
for what's known as quote victory day
putin plans to announce victory day on
may 9th which means we could see a lot
of increased aggression in eastern
ukraine leading up to may 9th and then
hopefully after may 9th putin ends up
using this claim to victory even though
we know it's been a complete failure as
a way to justify withdrawing troops from
ukraine this is a big hope now i
personally have been believing that this
war would come to a resolution by the
end of may i'm hoping that this ends up
being now by the middle of may because
of this quote-unquote victory day scam
or whatever that they're going to
perpetuate in russia but if that makes
them feel good and we can end the war
and the killing in this disaster that
would be absolutely wonderful because
this is terrible now what does this mean
for markets well the problem is may 9th
is after the next fomc meeting which
means between now at the beginning of
april and may 9th we've got cpi coming
up on tuesday we've got earnings season
to get through again we're back to
earnings season now for q1 and then
we've got the fed's fomc meeting which
ends on the fourth so you've got these
endless amounts of uncertainty that are
going to lead to reduced buying pressure
in markets and what happens well
probably the next month is gonna suck if
we do get little periods of green shoots
personally i would take advantage of
those to either take some potential
profits on more risky trades on calls
that you have and maybe open up some
hedges like selling some calls or
selling some puts but just be prepared
may 9th is going to be a very big day
there's your update on ukraine
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