ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Putin says he backs Harris over Trump, adds he’s ready for talks with Ukraine

Russian President Vladimir Putin said he supports Vice President Kamala Harris in the 2024 race for the presidency over former President Donald Trump after previously claiming Trump is an unpredictable politician.

Russian President Vladimir Putin on Thursday appeared to endorse Vice President Kamala Harris in the 2024 presidential race against former President Donald Trump.

According to multiple reports, Putin was questioned during the Eastern Economic Forum he attended in eastern Russia over how he viewed the upcoming U.S. election.

The Russian president, apparently smiling alongside the event’s moderator, said ultimately it was up to the American people to decide but said that as President Biden has backed Harris, "we will do the same, we will support her."

"She laughs so expressively and infectiously that it means that everything is fine with her," he added. 

PUTIN CLAIMS HE PREFERS 'MORE PREDICTABLE' BIDEN OVER TRUMP

Earlier this year, Putin threw his support behind Biden before he dropped out of the race, claiming he preferred Biden to Trump as he is a more predictable candidate.

According to former DIA intelligence officer and author of "Putin’s Playbook," Rebekah Koffler, "The Russians don’t really endorse anyone, in the traditional sense.

"When it comes to preference, Putin and his regime prefer Kamala to deal with as a future U.S. president," Koffler told Fox News Digital. "Putin believes that he can manipulate Harris easily, unlike Trump, whom the Russians profiled as unpredictable and difficult to read.

"By issuing these statements, the Russians are just messing with us, specifically with the Harris Team," Koffler added. "It’s a classic influence operation to unbalance your adversary by mocking, teasing, and pleasing them, or rather appearing to please."

Despite Putin’s comments of apparent support for the democratic candidates over Trump, the U.S. intelligence community continues to assess that Putin would prefer a second Trump presidency, according to reports earlier this year. 

WHY PUTIN PREFERS HARRIS OVER TRUMP IN THE WHITE HOUSE

The assessment is reportedly consistent with actions authorized by Putin during the 2016 and 2020 elections, when Russia was found to have engaged in some election interference by running disinformation campaigns to boost Trump’s candidacy.

According to an investigation into the 2020 election, the U.S. Director of National Intelligence found "that Russian President Putin authorized, and a range of Russian government organizations conducted, influence operations aimed at denigrating President Biden’s candidacy and the Democratic Party, supporting former President Trump, undermining public confidence in the electoral process, and exacerbating sociopolitical divisions in the U.S."

Russia has denied meddling in any U.S. election, though Putin’s apparent support for the Democratic candidates and their stated policy positions run counter to his strategic interests.

Trump has been critical of U.S. support to Ukraine in its war against Russia following the invasion more than two and a half years ago, and his chosen running mate, vice presidential candidate J.D. Vance, has openly said, "I don’t really care what happens to Ukraine one way or the other."

Additionally, NATO leaders remain concerned over how a second Trump presidency could affect the military alliance, as he has suggested he would pull U.S. troops from Europe – a move some fear could destabilize the alliance and embolden Putin.

Trump has said he has a plan to end the war if he were elected, though he has remained tight-lipped on any concrete policy steps for doing so. 

Putin on Thursday claimed he was open to engaging in peace talks with Ukrainian President Volodymyr Zelenskyy and said, "If there is a desire of Ukraine to carry on with the negotiations, I can do that."

The comments are a reversal to his previous statements when he said there was no possibility of talks amid Ukraine’s invasion into Kursk. 

Putin also suggested that Brazil, India or China could act as a mediator in the talks – a condition Ukraine is unlikely to agree to as China has aided Russia in its war. 

Reuters contributed to this report.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.