I work for a major brokerage firm here in the US, and something interesting happened today. The markets are down, greatly in part to the tensions in the Middle East. Yet, while most everything is down, the defense sector is up. Lockheed, Northrop, Raytheon, and others recorded new 52 week highs today. War is making the rich richer, go figure.
This is normal stock market shit.. if you worked for a “major brokerage firm” then that would not be very interesting to you.. considering that same situation happens with different industries pretty much every day.
Sure, how things are moving and play out, are all in well defined parameters, but I do in fact find it fascinating. In this specific example. Geopolitics and the current climate of the world in its regards, really pique my interests.
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u/SpiritOfFire013 Oct 01 '24
I work for a major brokerage firm here in the US, and something interesting happened today. The markets are down, greatly in part to the tensions in the Middle East. Yet, while most everything is down, the defense sector is up. Lockheed, Northrop, Raytheon, and others recorded new 52 week highs today. War is making the rich richer, go figure.