drone

Sector Outlook: Defense Stocks

We already have a huge fleet of F15 fighter jets which are light years ahead of the competition, capable of doing incredible damage unopposed anywhere they are sent. But we are now being told that they are getting old so we need the F22. This new jet has insect-like agility combined with human intelligence and can't be seen with conventional radar. We will scrap those old F15's and get that new jet at a cost of multi billions of dollars.

Sector Outlook: Defense Stocks

The US Fourth Fleet recently sailed down the west coast of South America. They had nothing better to do so why not go on a joy ride, flex some muscles. They sailed down there, turned around and came back. Now what? What will it do next? Boys and their toys!

Recently the navy commissioned a new aircraft carrier, the George H.W. Bush. It's worth a few billion dollars so we can't just let it go wandering off on its own. It requires the protection of numerous battleships, destroyers, convoys, which also cost billions.

What will this multi billion dollar battle group do when it is finished? Patrol the west coast of Canada to make sure they don't steal our salmon and protect American fishermen while they steal Canadian salmon.

Sector Outlook: Defense Stocks

I wouldn't put a penny into any of these stocks given the taxpayer dollars they misappropriate and the misery they cause to so many people in the world.