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.
Lol ok, nope, you’re right, I got my series 7 and 63 for nothing, and you definitely can’t find me on broker check. Not that I’d dox myself, but I’m there.
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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.