Bancroft: The defense industry has outperformed the S&P in shutdowns
Let's talk about the near-term. Let's say this uh shutdown is just a few days like most of them generally are. Does it have a meaningful impact on the defense sector.>> You know, I think in the near term you'll probably see some u movements in in the defense defense stocks. They they they think of government spending, they think of defense, but the reality is is that long-term legacy programs are going to maintain uh funding. Anything critical to operations um will will get funded.maybe new programs uh proc ...