Boeing and Air Force One contract
The election of Trump has occasioned a stock rally. Defense stocks have gone up based on his promise to “rebuild” the military. And stocks have rallied across the board on the expectation of stimulus spending on infrastructure, repatriation of offshore corporate money and tax cuts. Concerns about inflation, higher interest rates and a pricey dollar have been laid aside for now. But we were recently reminded that some stocks may be at risk despite the Trump stock rally. CNBC quotes Jim Cramer regarding stocks surprisingly at risk under Trump.
While the market continued to roar higher on Tuesday, Jim Cramer couldn’t […]