Could Be Mayday for the Defense Space
This commentary originally appeared Jan. 6 at 9:45 a.m. EST on ETF Profits -- to access all the strategies from our team of ETF professionals, click here.
In a time of general economic uncertainty, there are a few things we know for certain. One is that Washington's debt balance is continuing to grow -- and another is that the current situation isn't sustainable. The not-so-distant future is near certain to hold either significant tax increases or drastic spending cuts, or both. Amid this, it appears increasingly likely that the defense sector will be on the chopping block, and that it will be perhaps the biggest loser from last 12 months' political developments -- or, shall I say, political theater....405 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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