In the past week, as the historic peace summit between the governments of North and South Korea have stunned the world, many of the top military stocks are in a free fall. The military-industrial complex is probably not losing any sleep though, as they have plenty of other wars to keep their portfolios afloat. However, for the rest of us, this is an important moment to take note of, because it shows the massive incentive that there is in the industry of war and it shows how closely these profits are correlated with geopolitics.
There is an unspeakable amount of money to be made by the people who sell weapons and ammunition to countries at war. The arms dealers never take sides, but are always happy to take billions of dollars from opposing nations of every war so their customers can destroy each other. To people in this industry, the idea of peace is bad for business, if there is peace then surely the weapons industry wouldn’t be the least bit successful.
This week we saw how even rumors of peace in a world filled with war can put a dent in the value of these companies. Below are the stock charts for some of the top defense corporations, each of them showing an identical fall around 4/24, about the same time when news of the peace summit really began to go viral. Boeing is the only defense contractor that did not see a massive decline similar to these companies, but they have a number of commercial products and are not entirely dependent on war for all of their revenue. These charts were gathered from Nasdaq.com.
Lockheed Martin (LMT)
Northrop Grumman (NOC)
Raytheon (RTN)
General Dynamics (GD)
L3 Technologies (LLL)
Harris Corporation (HRS)
Curtiss-Wright Corporation (CW)
As you can see, all of these companies have seen a sharp decline around the same time, and while correlation does not always equal causation, the fact that these drops coincide with the Korean peace talks do not appear to be a coincidence.
Back in 2015, executives from many of these companies were caught celebrating news of war because it would mean higher profits for them.
At a Credit Suisse conference in West Palm Beach, representatives from major defense contractors spoke to their investors about how well business was going in these times of global war. Representatives from top firms like Raytheon, Oshkosh, and Lockheed Martin were in attendance, in somewhat of a celebration of the escalating conflict in the middle east and Africa.
Lockheed Martin Executive Vice President Bruce Tanner gave a speech openly praising the “indirect” benefits that defense contractors would see as a result of the war in Syria. A portion of his speech was captured on audio by someone inside and shared widely on the internet hours after the conference.
In the audio that was captured, Tanner discussed the many recent troubles in the Middle East, with an escalation of conflict in Syria and Turkey. He pointed out how these conflicts would lead to increased sales for their company.
Tanner said that the increased conflict would cause “an intangible lift because of the dynamics of that environment and our products in theater.”
According to the Intercept, during another speech at the conference, Wilson Jones, the president of the defense manufacturer Oshkosh, said that “with the ISIS threat growing, there are more countries interested in buying Oshkosh-made M-ATV armored vehicles.”
Raytheon Chief Executive Tom Kennedy also joined in the informal celebration, saying that his company was seeing “a significant uptick for defense solutions across the board in multiple countries in the Middle East.”
“It’s all the turmoil they have going on, whether the turmoil’s occurring in Yemen, whether it’s with the Houthis, whether it’s occurring in Syria or Iraq, with ISIS,” Kennedy added.
In addition to the growing wars, the contractors also celebrated the fact that the defense sector was recently granted a $607 billion budget by the government.
AUTHOR BIOGRAPHY:
My name is John Vibes and I am an author and researcher who organizes a number of large events including the Free Your Mind Conference. I write for numerous alternative media websites, including The Free Thought Project @tftproject and The Mind Unleashed. In addition to my first book, Alchemy of the Timeless Renaissance, I have also co-authored three books with Derrick Broze @dbroze : The Conscious Resistance: Reflections on Anarchy and Spirituality, Finding Freedom in an Age of Confusion and Manifesto of the Free Humans
I just won a 3-year-long battle with cancer, and will be working to help others through my experience, if you wish to contribute to my medical bills, consider subscribing to my podcast on Patreon.
Good observation, but Iran.
It may be a good opportunity to buy them.
A better opportunity for sure than a month ago.
The indices did not budge much since their all time highs.
You got a 8.45% upvote from @luckyvotes courtesy of @stimialiti!
all those stocks will go back up at some point, and more. War is a racket and only the dead have seen the end of it.
absolutely, but dips like this give proof of the profits involved and how they are tied directly to the wars
Hurray! This is great news.
Maybe with more peace talks, the stock prices will continue to fall
And as crypto prices continue to rise,
The people who really want peace can buy these companies on the cheap and then break them up.
Unfortunately, then we would find that after we bought ALL the stock Norfolk-grumman claims to be outstanding, we actually don't have controlling interest.
This is good news but let's face it- this is just a chess game. I suspect Lord Rothschilds is making peace with N. Korea so they can focus on Iran. I hope I'm wrong, but keep an eye out in the mainstream media for drums of war towards Iran.
You're right about Iran for sure! The drums of war towards Iran are already beating, in Israel, just not so much here yet. I think with the Syria fallout, the media's taking a step back from pushing the war propaganda full force, but the push to topple Assad & war with Iran are still taking place behind closed doors, imo. After all, Trump just announced we'd be staying in Syria longer now, with Arab League Nations putting soldiers on the ground there to help as well, and we now know they have admitted the real reason we're staying involved in Syria is to keep an eye out on Iran...
I suspect you're right about N. Korea, but maybe it could also be the NWO beginning to lose their grip on the world?!? That's probably too hopeful, though it seems these dark powers have come under attack from all sides lately - with the truth coming out & crushing the war machine's Syria narrative, the US airstrikes failure, Russia supplying S-300 missile systems to Syria, Gaza border protests, 9/11 evidence to go before grand jury, as well as this unprecedented peace agreement among other things. I am hopeful this system is beginning to fall, but only time will tell.
Yes, brace for the worst, hope for the best, and in the meantime grow your own, teach your own, make your own and do not comply.
I cant be sure, but I wonder if Kim has been planning this all along, I dont know..its a theory ive been working with
Maybe Kim has been playing 4d chess lol :-P
So sad!!
It is always good to see any small hit to the military industrial complex. The actions of the leaders of North and South Korea in these peace talks are truly unprecedented. We can only hope they prove successful and that other countries in conflict try to follow suit in spite of the machinations of other powers..
The treaty is unprecedented but the two governments came close in 2007.. then someone fell from grace and then a mountain face (hey that rhymes). I believe being the president of South Korea may be one of the most dangerous jobs.. chances are pretty high it ends in death or arrest
Thank you for the correction. I consider myself a student of history and am always happy to learn more. :)
The way they will play this is by funding opposition groups in South Korea to eventual topple and replace President Mun. Maybe a misguided boot of a bodyguard while Mun is hiking in some mountain.
This is some of the best news I've read in a long time. Could be the calm before the storm but I still hold out hope these companies will be reduced to used car lots for the 3rd world one day.
so sad for the war mongers... they have no one to monger this week
Wow, I've never really thought about how there are private companies out there that are essentially profiting from war... that's pretty fucked up I must say.
Just as fucked up as profiting off of people's health...
thats my next article lol
https://steemit.com/news/@johnvibes/goldman-sachs-report-warns-pharma-companies-that-curing-disease-is-bad-for-business
War is profitable, except when there is no war!
I guess 'they' are going to have start agitating and stirring up war somewhere else in world now ... to hit the targets and keep the profits rolling in.
Curated for #informationwar (by @wakeupnd)
Relevance: Sharing the truth.
YES! Hell yes!
If peace breaks out on the peninsula, Iran is always in the cross-hairs. War is big business and the one thing that government knows how to do is kill! Whether it's in war, or by other means. https://steemit.com/anarchy/@tgheretic/government-kills-the-numbers-prove-it
Just one word needed here:
GOOD!!!!!
Unfortunately, it looks like "game on" for all these military stocks next week:
https://steemit.com/news/@mepatriot/rumors-of-war-israel-just-bombed-iranian-bases-assets-inside-of-syria
nice work bro!
https://steemit.com/anarchy/@evolutionnow/i-am-your-god-almighty
Hi john,
Only that really matters to me is that North and South Korea has the historical meeting to bring down the old curtain of being enemy for so long.
Funny how that works. Along with prisons these people profit from human suffering and push the government to create more suffering.
Thanks for covering this type of stuff.