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So you thought investing in defense stocks was a good idea?
Today Dear Leader is saying he can prevent defense companies from issuing dividends or buying back shares.
In other news he says he can prevent companies from buying single family homes,
Where does this authority come from, one might ask. But you know, it's just politics as usual, and should have no effect on your investing plans. But keep an eye on health care too
I'm holding out hope that the spineless GOP is waiting for it to get really ridicilous (no, I mean really, really before they act so that the whole populist fever collapses on its own, and they can swoop in to restore sanity. But, in reality, I'm not holding out much hope. I consider myself and equal opportunity cynic, and think that both parties have really let the electorate down.
Nope. I sold my US defense ETF (IDEF) a week or so ago when Dear Leader was first musing about "doing something" to influence the defense base. Glad I did that.
My European defense ETF, by contrast, is doing juuuuuust fine.
IMO this gives reason to invest more ex-USA for the forseeable future. First defense, then automakers, than oil companies, then......?
This is LMT just BEFORE the close and just AFTER. LinkedIn
Yes, b/c Donnie's out with a big screed about how he (and the Congressional GQP) supposedly want to increase the defense budget by 50% in 2027 to 1.5T ... all the big names are markedly higher in the aftermarket.....
This is LMT just BEFORE the close and just AFTER. LinkedIn
Yes, b/c Donnie's out with a big screed about how he (and the Congressional GQP) supposedly want to increase the defense budget by 50% in 2027 to 1.5T ... all the big names are markedly higher in the aftermarket.....
I wonder if that's why bond futures are going up? Or is it down? Anyway, interest rates are bumping up.
I also wonder how many people had their bets in place before the announcement.
"Today Dear Leader is saying he can prevent defense companies from issuing dividends or buying back shares."
Confounding logic from the party of free market conservatives. Compound that logic even further in suggesting the desire to increase demand by doubling defense spending, as if the suppliers would simply roll over. Then, brazenly saying that use of force against Greenland - a NATO ally - may be necessary while being in conflict with the suppliers. Good grief!
its very simple, anytime trump whines about action against enterprise xyz, it's means MAGA friends&family want their cut directly or via lobby. ya think trump jr. will exit the drone startup because of this?
Free market conservatives were never real things. Just a false image trotted out when convenient.
A $1.5 trillion defense budget may be exactly what it takes to break the debt camel's back. Via the velocity of money, that should be very inflationary. Particularly with Bessent calling for lower rates, yet again. And devalue the dollar even further.
I say, let's get this show on the road and make sure the full impact is arriving before November.
Exploding the War budget , as opposed to fixing Social Security or health care, really illustrates where this maga GOP is heading! Like flashing strobe lights of warning to all the folks who thought they were going to be helped with much higher costs brought on by tariffs.
They were all useful idiots, who are to be discarded like yesterday's trash. Under Raygun's huge defense build-up, the national debt was actually tripled in only 8 years.
Exploding the War budget , as opposed to fixing Social Security or health care, really illustrates where this maga GOP is heading! Like flashing strobe lights of warning to all the folks who thought they were going to be helped with much higher costs.
There were all useful idiots, who are to be discarded like yesterday's trash. Under Raygun's huge defense build-up, the national debt was actually tripled in only 8 years.
The GQP only understands 'hard' strength as a sign of national power -- ie, military and law enforcement. Things like public diplomacy, health care, education, reliable infrastructure, child support, etc. are elements of 'soft power' and aren't as made-for-tv glamorous for them. Plus there's little to no money in it for them.
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The genius of SC being a co-equal branch of Govt. but members being appointed by the other two branches and life tenure to boot. Oh wait.
My European defense ETF, by contrast, is doing juuuuuust fine.
IMO this gives reason to invest more ex-USA for the forseeable future. First defense, then automakers, than oil companies, then......?
I am not getting it.
I also wonder how many people had their bets in place before the announcement.
Confounding logic from the party of free market conservatives. Compound that logic even further in suggesting the desire to increase demand by doubling defense spending, as if the suppliers would simply roll over. Then, brazenly saying that use of force against Greenland - a NATO ally - may be necessary while being in conflict with the suppliers. Good grief!
its very simple, anytime trump whines about action against enterprise xyz, it's means MAGA friends&family want their cut directly or via lobby. ya think trump jr. will exit the drone startup because of this?
dont overcomplicate.
A $1.5 trillion defense budget may be exactly what it takes to break the debt camel's back. Via the velocity of money, that should be very inflationary. Particularly with Bessent calling for lower rates, yet again. And devalue the dollar even further.
I say, let's get this show on the road and make sure the full impact is arriving before November.
They were all useful idiots, who are to be discarded like yesterday's trash. Under Raygun's huge defense build-up, the national debt was actually tripled in only 8 years.
That's all you need to know.