In a Dangerous World, Play Defense!
In a world of military tensions, Weiss Ratings senior analyst Mike Larson recommends defense stocks Raytheon (RTN), Lockheed Martin (LMT), Huntington Ingalls Industries (HII) and ETFs like PowerShares Aerospace & Defense Portfolio (PPA).
How do you negotiate with a madman? Successive US presidents have tried to figure it out when it comes to North Korea.
But current “Dear Leader” Kim Jong-un isn’t proving any more open to talks or reason than his predecessor Kim Jong-il. He made that abundantly clear recently with fresh missile tests and another salvo of anti-US propaganda. The rogue nation is even reportedly preparing for another, potentially more powerful underground nuclear bomb test.
Sadly, North Korea isn’t all we have to worry about these days. China is launching a de factor takeover of the South China Sea, building military facilities on islands and reefs throughout that disputed body of water. Russia is fomenting unrest in the Ukraine, consolidating its position in Crimea, and staunchly backing the Syrian government in its brutal civil war. Plus, low-grade proxy conflicts are continuing to plague Afghanistan, Yemen, and other Middle East hot spots–even as our fight against ISIS rages on.
I wish this weren’t the kind of world we lived in.
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