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๐บ๐ธ๐ฐ๐ต Trump's Kim strategy is all friendship, and Kim's is all missiles. North Korea tested an intermediate-range missile, the kind a former U.S. intelligence analyst says puts Guam, parts of Alaska, and Japan within Pyongyang's reach. Hours later, Trump told an Ohio rally he ge
01 THE MACHINE READ
WHY IT MATTERS.
North Korean missile tests raise regional security risk, supporting defense demand and Asian risk premia.
North Korea escalation supports defense spending
Further tests or US response
Rhetoric may not escalate further
FULL DISPATCH
๐บ๐ธ๐ฐ๐ต Trump's Kim strategy is all friendship, and Kim's is all missiles. North Korea tested an intermediate-range missile, the kind a former U.S. intelligence analyst says puts Guam, parts of Alaska, and Japan within Pyongyang's reach. Hours later, Trump told an Ohio rally he gets along great with Kim, saying it's better to be on good terms with someone holding that many nukes. And there's some logic to it. The same analyst points out North Korea hasn't launched a long-range ICBM in almost 2 years, and says even a phone call could help keep tensions down. The hard part is that Kim isn't picking up, and his growing ties with Russia may be giving him less reason to talk right now. For now, Trump is keeping the line open and waiting for Kim to call back. Source: Fox News / Writer: Daniyal
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