Lockheed Martin

October has been a quite difficult month geopolitically and economically. And it is still uncertain where things will be going, both in geopolitics and economics.

But one thing is for sure, there are sure winners with the awful conflict in Israël and Palestine.
We call them war stocks, and one of them is Lockheed Martin. A firm that describes itself as a aerospace and defence company. Which are big words for the creation and manufacturing of bombs and rockets. And that is exactly what Israël is using massively these days. And will use for a while in the future very probably.

So, what happened with the stock of Lockheed Martin since the attack by Hamas? It has risen more that 10 % in a matter of 10 days. Pretty nice rise in such a short amount of time.

Ethics

Now, these days, most ETF’s and funds need to have a label with their ethics when it comes to their stocks they have in their basket. But apparently the last 10 days a lot of investors have thrown their ethics overboard and invested into Lockheed Martin. And the reason is obvious, there’s money to be made with it! And then ethics are just unimportant for the markets.

War sucks, but its also a money making machine!

Sincerely,

Pele23