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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 23, 2026 / Tyler Durden
Bovard: The Late Robert Mueller, Bill Of Rights Executioner
Bovard: The Late Robert Mueller, Bill Of Rights Executioner
Authored by Jim Bovard
Obituaries on eminent Washingtonians usually omit the dreadful precedents they set that will vex Americans long after their death. Not this piece.
Former FBI director Robert Mueller died last week at the age of 81. The New York Times eulogized him as a “button-down, lockjawed, rock-ribbed exemplar of a vanishing caste.” In reality, Mueller was simply a twenty-first century version of J. Edgar Hoover, trampling the Constitution and seizing new power on any pretext.
Mueller took over the FBI one week before the...
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May 22, 2026 / Tyler Durden
Irrelevant Europe
Irrelevant Europe
Authored by J.B. Shurk via American Thinker,
Europe is the ‘jungle’ now. No garden left to speak of.
Josep Borrell is a Spanish socialist who held several high-ranking positions in the European Union. Until 2024, he was a vice-president of the European Commission and the high representative of the European Union for foreign affairs and security policy. In that capacity, he ran Europe’s External Action Service, which is the diplomatic body that executes Europe’s foreign policy decisions around the world. He remains a man with a great deal of influence over European perspectives.
In 2022,...
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Mar 13, 2026 / Joshua Mawhorter
Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.
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