Trump & North Korea: 6/30 - Trump and Kim meet at DMZ inside DPRK

Discussion in 'Higher Learning' started by newarkhiphop, Jan 20, 2017.

  1. Clutch Robinson

    Clutch Robinson Unchained Supporter

    Joined:
    Feb 9, 2014
    Messages:
    11,106
    Daps Received:
    42,967
    Reppin:
    Philly
    Reputation:
    4,120
    Coli Cash:
    $220222.00

    They've always negged for resources. Nothings changed.
    Not to mention they conducted multiple (advanced) ballistic missile tests during these hard hitting and stringent sanctions :mjlol:
     
    The Fukin Prophecy dapped this.
  2. Birnin Zana

    Birnin Zana Honorary Wakandan

    Joined:
    May 26, 2012
    Messages:
    6,074
    Daps Received:
    22,636
    Reppin:
    Wakanda
    Reputation:
    1,570
    Coli Cash:
    $345000.00

    Trump, Kim handshake, talk of peace lowers U.S. defense stocks.

    Talk of peace between the U.S. and nuclear-armed North Korea sank defense stocks Tuesday.

    While the broad U.S. stock market reaction to the historic agreement between President Trump and North Korean leader Kim Jong Un to establish a new relationship committed to "peace and prosperity" was muted, shares of defense contractors took a dive.

    Shares of Raytheon, which makes Patriot and Tomahawk missiles, closed 2.8% lower. Lockheed Martin, which supplies the Pentagon with air and missile defense systems as well as the F-35 Stealth fighter jet, tumbled 1.3%. And Northrop Grumman, which has increased its focus on cyber warfare and missile defense systems more recently, declined 1.5%. Boeing, which makes Apache helicopters and aerial refueling aircraft, dipped 0.1%. General Dynamics, a Navy shipbuilder, fell 1.6%.

    By contrast, the Dow Jones industrial average finished the day virtually unchanged with a loss of less than 2 points.

    Any political or diplomatic developments that lower the chance of military conflict cools investors interest in defense-focused companies, says Brad McMillan, chief investment officer for Commonwealth Financial Network in Waltham, MA.

    “If weapons are used they need to be replaced," says McMillan. "That makes war a growth story for these stocks, and one of the big potential growth stories recently has been North Korea," he continued, adding, "What the agreement does, at least for a while, is take military conflict off the table."

    While peace overtures between the long-time enemies will put "defense stocks on the defensive" in the short term, investors shouldn't worry about long-term problems for makers of military equipment, explains Gary Kaltbaum, president of Katlbaum Capital Management.

    "Funding," he says, will be "plentiful for years to come."

    President Trump signed a $1.3 trillion spending bill in March that includes a $160 billion boost in defense spending over two years, "reversing years of decline and unpredictable funding," according to the U.S. Department of Defense.

    And thawing relations between the U.S. and North Korea isn't likely to translate into lower defense budgets, Bloomberg Intelligence aerospace analyst George Ferguson noted recently. He expects U.S. military expenditures to continue to rise.

    “If North Korea turns from a pariah state to being welcomed in the world community," Ferguson wrote in a recent report, "there are still enough trouble spots that require strong defense spending, supporting revenue and profit growth at prime defense contractors."

    U.S.-based defense companies get a large portion of their sales from the Pentagon and U.S. government. Both Raytheon and Lockheed Martin, for example, get 70% of their sales from the U.S., according to Bloomberg.

    That's likely why the handshake between Trump and Kim that made global headlines, and North Korea reaffirming its plans to work towards "complete denuclearization" of the Korean Peninsula, has not been a bullish development for defense stocks.
     
    Last edited: Jun 12, 2018
  3. PikaDaDon

    PikaDaDon Thunderbolt Them Suckers

    Joined:
    Oct 13, 2012
    Messages:
    8,879
    Daps Received:
    22,535
    Reppin:
    NULL
    Reputation:
    2,420
    Coli Cash:
    $345000.00

    [​IMG]
     
  4. Ebonic Plague

    Ebonic Plague A Real Reality

    Joined:
    May 7, 2012
    Messages:
    23,300
    Daps Received:
    59,079
    Reppin:
    5280
    Reputation:
    2,740
    Coli Cash:
    $345000.00

  5. Jesus H. Christ

    Jesus H. Christ I died for your sins

    Joined:
    May 3, 2012
    Messages:
    6,177
    Daps Received:
    14,645
    Reputation:
    1,100
    Coli Cash:
    $345000.00

    Trump got finessed out the deal?:mjlol:
     
  6. ZoeGod

    ZoeGod Armés comme à l'époque du Clos

    Joined:
    Jul 16, 2015
    Messages:
    7,527
    Daps Received:
    39,932
    Reppin:
    Brooklyn,NY
    Reputation:
    3,760
    Coli Cash:
    $200046.45

    Multipolarity.
     
  7. Idaeo

    Idaeo Superstar Supporter

    Joined:
    Jan 10, 2013
    Messages:
    5,070
    Daps Received:
    21,909
    Reppin:
    California
    Reputation:
    1,620
    Coli Cash:
    $345000.00



    Trump taking orders from his daddy :dame:
     
  8. Futuristic Eskimo

    Futuristic Eskimo All Star

    Joined:
    May 8, 2012
    Messages:
    3,657
    Daps Received:
    7,178
    Reppin:
    NYC
    Reputation:
    890
    Coli Cash:
    $4351389.00

    The history of a multipolar world is much less stable and more violent.
     
  9. Regular_P

    Regular_P Just end the season.

    Joined:
    May 1, 2012
    Messages:
    42,324
    Daps Received:
    102,448
    Reputation:
    5,280
    Coli Cash:
    $23140.00

  10. 88m3

    88m3 Fast Money & Foreign Objects

    Joined:
    May 21, 2012
    Messages:
    62,127
    Daps Received:
    93,275
    Reppin:
    Brooklyn
    Reputation:
    2,830
    Coli Cash:
    $3328766.00


    Yeah...
     
  11. 88m3

    88m3 Fast Money & Foreign Objects

    Joined:
    May 21, 2012
    Messages:
    62,127
    Daps Received:
    93,275
    Reppin:
    Brooklyn
    Reputation:
    2,830
    Coli Cash:
    $3328766.00

    [​IMG]


    The Onion
    June 11 at 10:04pm ·
    Donald J. Trump: "There was some negotiating involved in getting [Jong-un] to buy as many nukes as we wanted to sell, but by cutting the price, we came out with a deal that’s profitable for America and therefore good for the world."

    [​IMG]
    POLITICS.THEONION.COM

    Trump Touts Success Of Singapore Summit After Securing $10 Billion Trade Deal To Sell Nuclear Warheads To North Korea
    SINGAPORE—Saying the agreement represents a major high point in American international relations, President Trump concluded his summit with Kim Jong-un Monday by securing a $10 billion trade deal to sell both strategic and tactical nuclear warheads directly to North Korea.
     
  12. ineedsleep212

    ineedsleep212 Superstar Supporter

    Joined:
    Apr 30, 2012
    Messages:
    24,060
    Daps Received:
    49,192
    Reppin:
    Brooklyn, NY
    Reputation:
    2,610
    Coli Cash:
    $529482.00

     
    Ku$h Parker dapped this.
  13. ZoeGod

    ZoeGod Armés comme à l'époque du Clos

    Joined:
    Jul 16, 2015
    Messages:
    7,527
    Daps Received:
    39,932
    Reppin:
    Brooklyn,NY
    Reputation:
    3,760
    Coli Cash:
    $200046.45

    I am speaking as someone who is from a country that suffered tremendously from US unipolarity(FRAPH,US backed armed uprising in 2004,continuing US interference in Haiti’s elections and political parties). Haiti would be better off not dealing with the US because we keep getting burned. We want options. America is not the global force of good as it portrays. Doesn’t practice what it preaches. In a multipolar world we have options. It’s like many buy into this propaganda America is good. And funny enough a lot of y’all are black and should be the first ones to know how America truly is especially how it’s oppress black people systematically.
     
  14. Futuristic Eskimo

    Futuristic Eskimo All Star

    Joined:
    May 8, 2012
    Messages:
    3,657
    Daps Received:
    7,178
    Reppin:
    NYC
    Reputation:
    890
    Coli Cash:
    $4351389.00

    If you're speaking from the perspective of being a Haitian, then I'm not going to argue with you regarding what is best for Haiti specifically, but there are regions of the world that welcome a US presence as a stabilizing force.

    I also don't buy the notion that because a country has done some truly terrible things, that it can't be a net force for comparative good in the world. Things are a bit more complicated than slapping labels on things.

    I get where you're coming from, though.
     
  15. Jefferson Jackson

    Jefferson Jackson Superstar

    Joined:
    Mar 21, 2017
    Messages:
    4,163
    Daps Received:
    19,096
    Reppin:
    The Wave Rider
    Reputation:
    1,110
    Coli Cash:
    $500.00


     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice