KEY POINTS
- Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
- Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
If he actually halves Pentagon Spending, that would be… the first good deed he’s ever done.
He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did
Exactly, this is just fishing for a bribe, just like the tariffs. Bribe Trump enough and your program or industry will get a loop hole or passed over for 6 months or whatever.
I can see him doing away with seasonal clock shifts by accident at some point.
Please keep fucking with the defense contractors, surely they won’t take any drastic measures against you
It doesn’t need to be halved. They just need to figure out where a large portion of the money goes, since they can’t seem to account for it.
I had the “wait, a good thing?” reaction too.
But thinking about potential underlying motivations, it makes complete sense that the compromised traitor holding the reins would want to weaken the military at the same time as destroying the government.
Or maybe it isn’t to help other dictators, and he just wants the opportunity to weed out more people who are loyal to the constitution.
This may signal he is getting pushback from the military which is a very good thing. If he is serious about Canada and Greenland he will need a strong military. It makes no sense to start cutting the budget now.
Refusing unlawful orders is always cool and moral.
Oh if anyone is going to be successful in Kennedy-ing a President, it would be the military-industrial complex.
Keep cutting spending Donald, you’re doing a great job!
In case y’all forgot Trump’s last term, his general pattern is to constantly announce insane plans and only follow through on a fraction of them. Cutting the pentagon’s budget in half is one of the distractions. Some General will dandy himself up in his class A and jingle some blueprints for a useless wunderwaffe and the defense budget will go up.
Good time to buy then. He already pledged to increase funding to Israel. Just need to research what company supplies the most weapons for them and invest there.
HAHAHAHAHHAHA
This fuckin timeline, man…
Realistically speaking… Is anything gonna happen?
Fuckers are just gonna invest as always, capitalism knows no morals.
Why would defence have a “stock”
Defense contractors are mostly publicly traded companies. Raytheon, Lockheed, Boeing etc.
deleted by creator
As opposed to having the government directly design planes and ships and stuff? Even in ‘communist’ countries such as Russia and China, they have companies that compete for business. Remember that essentially all the billions spent with these defense contractors is employing and producing products here as opposed to overseas.
I just don’t even know how I’d react if he successfully cut the defense budget in half. Would i have to join MAGA at that point?
Because… yeah, I hate everything he’s done or let others do so far. His Cabinet is/ will be a nightmare. I assume this defense cut would come with more egregious tax cuts for the billionaire class.
But cutting that much from our stupid war budget … man that’s such a nice thing to get…
Yooo sick
If this happens, the US MIC will shit all over the MAGAts. How many fucked up MAGAts work in the defense industry? Exactly, fuck them and they can join the “Parasite Class.”
If he guts the MIC I will be extremely pleasantly surprised.
Or MIC will just arrange for another president that won’t cut their funding. Either is a net positive.
Who’s to bet a load of shares get bought up, then suddenly this announcement is rescinded?
Playing the market based on the insanity dripping out of this guy daily, not a bad plan. If only there was some actual rhyme and reason to what he does.
The market manipulation is the rhyme and reason.
You give Trump’s dementia-addled ramblings far too much credit.
He’s just the puppet at this point.
I was already going hard on AI stock, then day of inauguration when he sent the clear message of where tech companies stand in running this country I dumped ALL investment money into AI stock. If I have to live in this hellscape I better at least get to retire in it.
My brother, have you heard about the benefits of diversification? If you want to retire at all, don’t put all your eggs in one basket.
If I invested in eggs I wouldn’t be in this mess!
Everybody was panic buying ! Those stocks were fast as lightning!
In fact the buying was a little bit frightening.
But AI had expert timing.
Everybody was kung fu fighting.
dude, if you don’t have anything to contribute just don’t type
Dude… WHOOOSH!
No I got it, the song.
The thing is the first two posters changed the lyrics to fit the topic.
You just typed the lyrics to the actual song.
I bought lockheed martin call options after the way the steel markets rebounded
Edit: just checked volume on LMT. 2.4M today vs an average of 1.35M. Yeeeeeeah. Lot more buyers than usual today
Yay for incredibly immoral investments. It’s disgusting how stock trading has been gamified and divorced from what it actually is, owning and supporting a company.
Since the entire thing is contingent on China and Russia agreeing to half their defence budget too, the only thing to bet on is when it will be rescinded.
Work it baby, work it. Insider trading on steroids, or rather Adderall.
