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A Good Time for Defense Stocks

The recent French experience with terrorism has been met with news saturation around the world. The news, however, is pointing to the fact that the opponent is Islam-based and larger and more organized than previously thought. It also is beginning to focus on a larger struggle (war) that involves all non-Islamic societies and religions as targets for more attacks. Our recent increased exposure to defense stocks should pay off handsomely. I share the view that most nations will increase defense budgets. We only hope the US is one of them. The most recent estimates for defense spending are lower, and these numbers are in analyst’s estimates. If pressure from the people for heightened security and defense capability is listened to, we’re off and running.

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Harlan J. Cadinha
Founder, Chairman and Chief Strategist
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