Geopolitics Alpha

US Economy Stays Resilient Despite Middle East Conflict and Elevated Inflation

Published . Updated .

MIDDLE EASTUS Economy Stays Resilient DespiteMiddle East Conflict and ElevatedInflationRTXGEOPOLITICS ALPHA

This report is about Defense and Interest rates. Names like LMT and RTX typically gain because defense contractors get more work when conflict spending rises.

Directly affected

  • RTX Rtx

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin+4.2%

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman+2.8%

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics-3.4%

    Defense contractors get more work when conflict spending rises

  • TLT iShares 20+ Year Treasury Bond-1.8%

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond-0.9%

    Treasury bonds move when yields change

  • ITA iShares U.S. Aerospace & Defense-5.8%

    A fund of aerospace and defense companies

  • BA Boeing-6.2%

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris-0.6%

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RTX-0.33%-0.66%baseafter closeafter closeafter closeafter close
LMT-6.43%-7.02%baseafter closeafter closeafter closeafter close
NOC-5.86%-3.30%baseafter closeafter closeafter closeafter close
GD-1.89%-1.84%baseafter closeafter closeafter closeafter close
TLT-2.07%-1.97%baseafter closeafter closeafter closeafter close
IEF-0.86%-1.06%baseafter closeafter closeafter closeafter close
ITA+2.30%+0.79%baseafter closeafter closeafter closeafter close
BA+1.35%+1.49%baseafter closeafter closeafter closeafter close
LHX-2.26%-2.14%baseafter closeafter closeafter closeafter close
HII-2.62%-2.41%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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US Economy Stays Resilient Despite Middle East Conflict and Elevated Inflation Global Trade Magazine

Source: Global Trade Magazine

Middle East

CompanyWhenMoveStatus
BAthree days earlier+1.49%final price
BAfive days earlier+1.35%final price
GDthree days earlier-1.84%final price
GDfive days earlier-1.89%final price
HIIthree days earlier-2.41%final price
HIIfive days earlier-2.62%final price
IEFthree days earlier-1.06%final price
IEFfive days earlier-0.86%final price
ITAthree days earlier+0.79%final price
ITAfive days earlier+2.30%final price
LHXthree days earlier-2.14%final price
LHXfive days earlier-2.26%final price
LMTthree days earlier-7.02%final price
LMTfive days earlier-6.43%final price
NOCthree days earlier-3.30%final price
NOCfive days earlier-5.86%final price
RTXthree days earlier-0.66%final price
RTXfive days earlier-0.33%final price
TLTthree days earlier-1.97%final price
TLTfive days earlier-2.07%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Where this story sits: Middle East

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Middle East

25 out of 100

“US Economy Stays Resilient Despite Middle East Conflict and Elevated Inflation” scores 25 out of 100. The score uses 2 sources.