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Started By
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re: So as world markets plummet, Lockheed Martin soars
Posted on 8/5/24 at 12:00 pm to Quidam65
Posted on 8/5/24 at 12:00 pm to Quidam65
quote:
Any fund that trades in defense stocks will qualify.
Aerospace and defense stocks across the board are certainly interesting to watch right now.
quote:
The economy collapses, stocks and shares lose crazy amounts, but there is one sector that is growing strongly instead: the war industry. In an astonishing development, the shares of Lockheed Martin – among the world leaders in the war industry – have risen 23% while global markets have suffered significant declines. This anomaly can be attributed to a combination of strong financial performance, geopolitical tensions and increased demand for defensive technologies.
LINK ]Decripto.org
2
Posted on 8/5/24 at 12:10 pm to EKG
What do you do when the economy goes to shite? Well, you go to war which is probably what's about to happen.
Posted on 8/5/24 at 12:13 pm to EKG
Nancy Pelosi and Eye Patch McCain are making $$$$$$$$$$$$ 
Posted on 8/5/24 at 12:14 pm to lake chuck fan
quote:
Would like to see how many in Congress have stock in the MIC.
100%
Posted on 8/5/24 at 12:16 pm to EKG
quote:LMT is DOWN today.
So as world markets plummet, Lockheed Martin soars
EKG
Today’s/Black Monday numbers aside, of course ….
Posted on 8/5/24 at 12:18 pm to Big Scrub TX
Which I’ve acknowledged in this thread.
Twice.
Twice.
Posted on 8/5/24 at 12:20 pm to EKG
quote:Why not just ask the thread to be anchored? Or, better yet - why not take some time to retreat in humility from your absurd conspiracy theories? Might do the soul some good.
Which I’ve acknowledged in this thread.
Twice.
Posted on 8/5/24 at 12:28 pm to Big Scrub TX
Huh?
I genuinely don’t understand what you’re saying; zero conspiracy theory here.
What’s happening today has no relevance to the reality that defense industry stocks are climbing.
I genuinely don’t understand what you’re saying; zero conspiracy theory here.
What’s happening today has no relevance to the reality that defense industry stocks are climbing.
This post was edited on 8/5/24 at 12:28 pm
Posted on 8/5/24 at 12:32 pm to EKG
WWtree
Posted on 8/5/24 at 1:19 pm to mikesliveisacheater
Ehhh....that's Raytheon and to a lesser extent Northrop Grumman. Lockheed is almost mostly fighter jets and transport.
Posted on 8/5/24 at 1:28 pm to EKG
We spend 900 billion a year on defense. If you had money in NVDA and not LMT. You are an idiot who deserves to lose their arse.
Not directed at anyone. Just a fact
Not directed at anyone. Just a fact
Posted on 8/5/24 at 1:37 pm to TigerAttorney
Instead of looking at the past month for stocks, look at the past years. Yes, there's a dip but people are overly freaking out.
Kamala still sucks though.
Posted on 8/5/24 at 1:46 pm to EKG
quote:
there is one sector that is growing strongly instead: the war industry
As the world becomes more unstable, people buy more weapons.
Water is wet.
Just Russia alone has been involved in 14 wars since the fall of the Soviet Union. China was spending less than $10 billion on defense at the end of the Cold War. That number is up to over $300 billion now (that we know about).
Europe is finally catching up to the rest of the world and starting to spend on their own defense instead of leeching off the US.
Israel is surrounded by enemies and is starting to retailiate.
According to the Geneva Academy, there are over 110 armed conflicts going on across the world right now.
Just because there is a military-industrial complex doesn't mean it's some vast right-wing conspiracy. It means there is a demand that needs to be met.
Europe is WISHING they had a strong military-industrial complex right now. They're having to build one from scratch.
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