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Defense Stocks Fall Out Of Favor. Polymarket Might Have The Answer As To Why
Defense Stocks Fall Out Of Favor. Polymarket Might Have The Answer As To Why
The S&P Aerospace & Defense Select Industry Index is little changed year to date, despite conflicts across Eurasia and expectations that a coming rearmament cycle will substantially boost missile and bomb production. The muted performance highlights a disconnect between investor appetite and the Trump administration's anticipated expansion of defense production.
Allyson Gordon, UBS head of Americas sector specialists, explained in a note to clients on Thursday that US aerospace and defense stocks were being weighed down by...
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Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened
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In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened.
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Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia is struggling to deliver all of the crude it’s being forced to ship overseas in the face of escalating Ukrainian drone strikes on its refineries.
Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The offshore backlog is forcing Moscow to significantly ramp up export volumes according to OilPrice.com.
Intensive Ukrainian drone strikes, including recent hits on the Gazprom...
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