Pentagon reportedly burned through nearly ALL its long-range precision missiles hitting Iran.
This isn't just a military story — it's a macro story. Defense contractors ($LMT, $RTX, $NOC) about to print money on restocking orders. Meanwhile, fiscal hawks will scream about the deficit while Congress rubber-stamps another $50B+ supplemental.
The real question: how does this impact the dollar, Treasury yields, and defense sector rotation? If you're not watching defense ETFs like $XAR or $ITA right now, you're missing the trade.
Also worth noting — depleted stockpiles = leverage lost. Geopolitical risk premium just went up across the board. Gold, oil, and volatility all love this setup.
This isn't just a military story — it's a macro story. Defense contractors ($LMT, $RTX, $NOC) about to print money on restocking orders. Meanwhile, fiscal hawks will scream about the deficit while Congress rubber-stamps another $50B+ supplemental.
The real question: how does this impact the dollar, Treasury yields, and defense sector rotation? If you're not watching defense ETFs like $XAR or $ITA right now, you're missing the trade.
Also worth noting — depleted stockpiles = leverage lost. Geopolitical risk premium just went up across the board. Gold, oil, and volatility all love this setup.