Risk of Midterm ‘Blue Wave’ Leaves Defense Stocks Out of Favor
After two years of breakneck gains, shares of military contractors have hit a wall this year. Traders are expecting the pain to deepen further as they position for protracted negotiations and funding delays should Democrats take control of one or both houses of Congress following the midterm elections.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Risk of U.S. midterm ‘blue wave’ leaves defence stocks out of favour financialpost.com
