It's been quite the week for those in the know about the defense industry. While the S&P 500 has been chugging along, some major players in the defense sector have seen their stock prices take a dramatic dive. One has to wonder, what could be the cause of this sudden shift in the market? Could it be that the winds of war are beginning to change direction?
4 comments
Hmm. This might coincide with the most recent Russian moves in Ukraine. Maybe they want to "end" it quickly now?
To be fair I haven't been following with what's going on in Russia v Ukraine in the past month, but I would suppose that could be likely. My guess is on the American whales shifting from defense stocks to something more peace oriented, like rebuilding Ukraine and such.
Yeah quite feasible. Thanks for the input
the war machine not so profitable, that gotta b a gud thing