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UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks
UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks
U.S. defense stocks showed signs of stabilizing in April after tumbling since Operation Epic Fury began in late February and sustaining a Mach bloodbath. The improvement followed Friday's White House proposal to lift military spending sharply, to roughly $1.5 trillion in 2027.
UBS analyst Allyson Gordon said Monday morning that the White House budget request "should help sentiment," which has deteriorated since the U.S.-Iran conflict began. Last week, Gordon asked, "Why is U.S. defense performance lackluster?"
Earlier, the analyst said:
Defense...
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Mar 26, 2026 / Jason Ditz
Israel Sends More Ground Troops Into Lebanon as Occupation Destruction Mounts
Israel has announced that they are sending another division of ground troops into southern Lebanon as part of an invasion that began earlier this month and which earlier this week Defense Minister Israel Katz said would include the occupation of the entire area south of the Litani River. This is the fifth division to be […]
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Mar 24, 2026 / Tyler Durden
Here's Where Rent Growth In The US Is Finally Slowing
Here's Where Rent Growth In The US Is Finally Slowing
After years of rapid increases, rent growth in the U.S. is finally slowing—and in some cities, prices are even declining, according to Marketwatch.
From January 2025 to January 2026, rents rose 2.8%, a smaller increase than the year before and lower than pre-pandemic norms, marking the slowest growth since 2021. This cooling trend, driven in part by a surge in new housing supply, suggests the market is stabilizing after an intense period of price escalation. At the same time, easing inflation,...
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Apr 1, 2026 / Tyler Durden
Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist
Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist
The Feeding Our Future fraud is the largest pandemic-relief theft in American history - $250 million stolen, mostly by Somali immigrants who fabricated meal counts and pocketed federal child nutrition funds.
The prosecutions have dragged on for years.
Now that sentences are finally coming down, a troubling pattern is emerging: the punishments don’t seem to fit the crime.
U.S. District Judge Nancy Brasel — nominated to the bench in 2018 through a package deal between the first Trump administration and Minnesota's Senate Democrats —...
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