Here is how Booz Allen Hamilton (BAH) and Fiserv (FI) have performed compared to their sector so far this year.
With the recent passage of a $95 billion military aid bill to help Ukraine, Israel and Taiwan and expectations of increased global defense spending driven by geopolitical tensions, it is a suitable time to look into some defense stocks. The White House and Congress are currently working on the fiscal year 2025 defense budget, which some estimates suggest could reach $900 billion. In ongoing discussions, the Pentagon appears focused on developing missiles like the PrSM to replace ATACM and LRASM
The next economic downturn might be closer than you think. So, it’s a good idea to, at least, look at stocks for the next downturn. For one, the recent inflation report came in hotter than expected, with core inflation stubbornly refusing to cool down despite the Federal Reserve’s best efforts to tame it. Of course, one or two hot inflation prints do not necessarily make a trend, as the central bank would have you believe. But if we keep seeing inflation stick around, it could spell trouble for