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Thread: President Trump Thread...

  1. #5961
    No longer a fan midswat's Avatar
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    Two things I love most about Trumps presidency:

    1. His making America great again
    2. Visiting this thread from time to time and laughing at bipolars triggered insane rants.


  2. #5962
    Senior Member BipolarFan's Avatar
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  3. #5963
    Senior Member BipolarFan's Avatar
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    Lost Michael Savage as well


  4. #5964
    Senior Member jsmith6919's Avatar
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    2018 DCC Super Bowl Bingo Champion

  5. #5965
    Senior Member BipolarFan's Avatar
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    Syria Airstrikes Instantly Added Nearly $5 Billion to Missile-Makers' Stock Value

    Raytheon stock surged Friday morning, after 59 of the company’s Tomahawk missiles were used to strike Syria in Donald Trump’s first major military operation as President.

    Trump ordered the airstrike on the Syrian government Thursday night in retaliation for a deadly chemical weapons attack on civilians earlier this week that killed as many as 100 people. The U.S. blamed the attack on the regime of Syrian President Bashar al-Assad.

    The Tomahawk missile used in the strike is made by Raytheon (RTN, +0.49%), whose stock opened 2.5% higher Friday, adding more than $1 billion to the defense contractor’s market capitalization.

    The shares of other missile and weapons manufacturers, including Boeing (BA, -2.45%), Lockheed Martin (LMT, -0.08%), Northrop Grumman (NOC, -0.40%) and General Dynamics (GD, +0.08%), each rose as much as 1%, collectively gaining nearly $5 billion in market value as soon as they began trading, even as the broader market fell.

    (All major U.S. stock market indexes dropped slightly in morning trading after the release of the weakest monthly jobs report in almost a year, which increased doubts about the strength of the American economy.)

    The technology and equipment of the defense companies, which all have lucrative contracts with the U.S. government, was likely also used in Trump’s airstrikes on Syria. Lockheed Martin, for example, makes the Tactical Tomahawk Weapons Control System, one part of a three-pronged system needed to launch the missile; the product calculates the trajectory from a ship to the target. General Dynamics also makes technology used to fire Tomahawk missiles.

    Boeing, meanwhile, makes other types of cruise missiles.

    Defense contractor stocks have risen in the months since Trump was elected, spurred by his promises of a “historic” increase in U.S. military spending. The budget Trump proposed last month includes an additional $52 billion for the Department of Defense. Boeing stock has gained nearly 21% since the election, while General Dynamics stock is up 14% over the same period. (The S&P 500 has risen roughly 11% since election day.)

  6. #5966
    El Presidente' skidadl's Avatar
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    I gotta find a way to cash in on this...

  7. #5967
    Senior Member bbgun's Avatar
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    Shooting a few missiles at Assad's chemical infrastructure is in fact a low risk enterprise (in spite of Russian bluster). Even if you're a hardened isolationist, it's hard to resist the cries of "Do something!" when confronted with footage of dead gassed kids.

  8. #5968
    Senior Member BipolarFan's Avatar
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  9. #5969
    Senior Member BipolarFan's Avatar
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  10. #5970
    No longer a fan midswat's Avatar
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    He gave up that title on obamas Inauguration Day

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