Markets analyst Ezequiel Vega told Canal E that despite the US incursion in Venezuela at the start of 2026, markets did not fall and investors spotted opportunities in defense and energy sectors. He highlighted the effect of Donald Trump's announcement of 1.7 trillion dollars in military spending, which boosted key company stocks. He also suggested diversified investment strategies based on risk profiles.
The year 2026 started with a strong geopolitical element in international markets, highlighted by the US incursion in Venezuela. Yet, according to analyst Ezequiel Vega in an interview with Canal E, this event did not cause stock market declines but instead created business expectations in specific areas.
"It all started quite convulsed, especially due to the US incursion in Venezuela, but the market did not fall; on the contrary, investors saw opportunities," Vega stated. In the defense sector, Donald Trump's announcement to raise military spending to 1.7 trillion dollars propelled stocks like those of Kratos Company, which rose over 12% in a single day. In energy, oil companies saw gains between 7% and 12% for firms such as Chevron, Valero, and ConocoPhillips, driven by expectations of future contracts in Venezuela for US companies.
Vega advised investment profiles tailored to risk levels. For moderate investors, he suggested consumer companies like Walmart, and for conservatives, defensive options like Coca-Cola. For aggressive profiles seeking over 20% annual returns in dollars, he recommended tech leaders such as Taiwan Semiconductor, ASML, NVIDIA, and Google.
He compared these yields to Argentina's market, where corporate bonds offer 6% to 8%, and sovereigns like AL30 or AL29 between 9% and 10% TIR. He emphasized geographic diversification with negotiable obligations from Brazil, Chile, Colombia, the US, and Europe, focusing on hydrocarbons, energy, and mining of copper, gold, and silver in the region.
Finally, Vega pointed to gold as a safe haven, breaking 4,500 dollars with projections from JP Morgan and Goldman Sachs to reach 5,000 or 5,500 dollars by year-end, implying growth over 20%.
