The War Summit Drags On, but Stocks Keep Rising

Based on hopes of the Ukraine war ending – plus other factors – the major stock indexes are up an average of 2% in 1st half of August – normally a weak month.
The War Summit Drags On, but Stocks Keep Rising
Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump (R) participate in a meeting in the Oval Office of the White House on Aug. 18, 2025. Mandel Ngan/AFP via Getty Images
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Commentary

Nothing much happened last Friday in Alaska, when Vladimir Putin and President Trump cut their summit short, but they called it a “good start.” Meanwhile, Ukraine’s President, Volodymyr Zelensky, was furious for not being invited to Alaska. British Foreign Secretary David Lammy told Vice President J.D. Vance that a ceasefire must take place first before there are any territorial concessions. President Trump said he will not discuss changing any borders, but I suspect President Trump may agree to block Ukraine from joining NATO in exchange for a permanent ceasefire. Despite complaints emanating from Europe, the EU will likely reluctantly agree to most of the terms dictated by President Trump and Vladimir Putin.

Louis Navellier
Louis Navellier
Author
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.