Defense Industry Stocks Surge Following Donald Trump Victory

https://theintercept.com/2016/11/09/defense-industry-stocks-surge-following-donald-trump-victory/

Donald Trump’s upset victory Tuesday has brought joy to the defense industry. Here’s a snapshot from Google Finance. General Dynamics: Raytheon: Lockheed Martin: Boeing: Trump campaigned on maintaining a strong military, but also voiced some skepticism about overseas military engagements and overpayments to defense contractors. The defense stocks surging is a sign that investors believe that Trump will be significantly more supportive of their priorities than he may have let on. Top photo: Trump speaking aboard the World War II Battleship USS Iowa on Sept. 15, 2015. The post Defense Industry Stocks Surge Following Donald Trump Victory appeared first on The Intercept.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s