- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
KEY POINTS
- Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
- Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
Oh if anyone is going to be successful in Kennedy-ing a President, it would be the military-industrial complex.
Keep cutting spending Donald, you’re doing a great job!
Who’s to bet a load of shares get bought up, then suddenly this announcement is rescinded?
Playing the market based on the insanity dripping out of this guy daily, not a bad plan. If only there was some actual rhyme and reason to what he does.
The market manipulation is the rhyme and reason.
You give Trump’s dementia-addled ramblings far too much credit.
He’s just the puppet at this point.
Why would defence have a “stock”
Defense contractors are mostly publicly traded companies. Raytheon, Lockheed, Boeing etc.
I don’t like it when I agree with the general notion of something Trump says or does. Makes me feel dirty.
holy shit the stopped clock is on the correct time. too bad it wont actually happen