Breh's buy stock in "Fisker" now !!
- Thread starter ultraflexed
- Start date
Breh I wouldn't say that defense takes a hit under biden. Obama administration were big war mongers, some of the biggest defense contracts were signed in his last term and defense contractors had crazy profits and stock gains while he was in office.
The difference was Obama didn't tweet everyday about it like the orange fool.
We still got a cold war with china and russia. The difference is that the defense spending will involve more spending on cyber security, drones and other smart light weight weapons instead of say battle ships. But some programs still gonna keep eating like the F-35 and B-21 cause they are based on national and global security. We also still have the new ICBM program that will need to be rolled out to upgrade our current aging system. Not to mention in 8 years a new 6th generation fighter program will need to be awarded to replace the F-22 and F-15 to maintain our air superiority.
Finally do not forget with social unrest and surveillance being the new tool (along with the militarization of the police force which biden ain't cutting they spending) there is a new avenue for defense companies to make money.
In saying all of that your lockheeds, Northrops, general dynamics, boeings and raytheons are still good investments and ain't going no where any time soon.
Nio was the real lick.
shyt was 3 dollars in may and was 31.99 yesterday.
shyt was 3 dollars in may and was 31.99 yesterday.
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
Quoting for emphasis.
Aerospace and Defense spending never decreases and Biden sure as hell wouldn't cut thier budget.
The D-List Vet
Being in a recommendation system.
and you didn't put any coli brehs on?Also brotha @Scott Larock like someone else said you can invest in energy cause its so dirt cheap.
Either folks gonna learn how to live with covid or a vaccine will be successfull. But either way humans will figure out how to have some sort of normal society to eventually do all the traveling and all the stuff they like to do.
So energy will be used. Look we can talk about all the clean energy all we want. But at the end of the day them planes, boats, most cars need gas/oil. So once humans figure out how to get back to living their lives then oil prices gonna jump IMO.
Also always remember in recessions once there is a recovery about 8 to 10 years later the dow, S&P 500 or Nasdaq doubles or triples in value. So you could just buy a S&P or Nasdaq etf/index fund let that shyt sit for 4 to 6 years and it will most likely double in price and that ain't including your dividends or dividend re-investment.
Either folks gonna learn how to live with covid or a vaccine will be successfull. But either way humans will figure out how to have some sort of normal society to eventually do all the traveling and all the stuff they like to do.
So energy will be used. Look we can talk about all the clean energy all we want. But at the end of the day them planes, boats, most cars need gas/oil. So once humans figure out how to get back to living their lives then oil prices gonna jump IMO.
Also always remember in recessions once there is a recovery about 8 to 10 years later the dow, S&P 500 or Nasdaq doubles or triples in value. So you could just buy a S&P or Nasdaq etf/index fund let that shyt sit for 4 to 6 years and it will most likely double in price and that ain't including your dividends or dividend re-investment.
Bahaha naw breh I just found out about it yesterday..
....shyt makes me sick to my stomach.
yup,.. SOLO is at $3 but it's no NIO.
Damn breh hate to hear that
Tug life
I stay fly like a guillemot
Not for 11 straight days though
Ezekiel 25:17
Veteran
humminbird
Veteran
it's FSR now
Tug life
I stay fly like a guillemot
Fisker on CNBC right now
If he cuts the budget its like 15 or 75 billion out of 500 to 600 plus billion in spending or something like that. Which to an investor is really nothing and doesn't mean your lockheed stock goes from 380 bucks a share to 20 bucks a share.
I mean obama administration cut the budget by like 100 billion from 2012 to 2015. But then the obama administration in 2016 requested a budget increase for 2017.
So yes a 15 to 100 billion decrease is big for folks who work in the industry. But for investors it doesn't really hurt them. Especially when you look at how defense stock prices exploded under obama's second term.
In saying all of that I can see a slight cut or reduce of growth in 2022 due to government spending on covid. The dems might throw a few pennies to social issues as well but it will be the little nickle and dime variety of 20 to 50 bill over X amount of years.
But defense is here to stay especially with this new cold war going on and covid might have made it worse cause China's economy is gonna get a jump on everyone else. Not to mention how aggressive they have been in the south china sea, middle east, with taiwan, with hong kong and with africa and bases/poison pill loans.
