Marlin Stutzman

Sustained military and economic pressure on Iran raises the risk premium for oil shipments through the Persian Gulf, causing global buyers to seek safer supply sources, which directly benefits the United States as a secure oil and gas exporter.

Removing tariffs on Argentine beef imports should increase meat-counter supply and bring down U.S. beef prices; if tariffs remained, beef prices would stay high. The U.S. cattle herd is at a 70-year low and the two-year cattle cycle makes rebuilding slow, so imports are the near-term relief valve.

"It is much easier for terrorists to shoot a $2000 rocket when we have to have a $200,000 rocket to respond to it, to knock it out of the sky. Safety and security does come with a price tag." The asymmetric cost of modern warfare means the US military is burning through highly expensive, advanced interceptors and precision-guided munitions at a rapid pace to counter cheap drones and rockets. This high burn rate necessitates massive supplemental defense spending to replenish depleted stockpiles, which directly flows to the prime defense contractors manufacturing these systems. LONG. Defense primes that manufacture advanced munitions, missile defense systems, and electronic warfare capabilities will see sustained order backlogs and guaranteed government funding. A sudden diplomatic resolution to the conflict or a divided Congress failing to pass the required supplemental defense funding packages.

"It is much easier for terrorists to shoot a $2000 rocket when we have to have a $200,000 rocket to respond to it, to knock it out of the sky. Safety and security does come with a price tag." The asymmetric cost of modern warfare means the US military is burning through highly expensive, advanced interceptors and precision-guided munitions at a rapid pace to counter cheap drones and rockets. This high burn rate necessitates massive supplemental defense spending to replenish depleted stockpiles, which directly flows to the prime defense contractors manufacturing these systems. LONG. Defense primes that manufacture advanced munitions, missile defense systems, and electronic warfare capabilities will see sustained order backlogs and guaranteed government funding. A sudden diplomatic resolution to the conflict or a divided Congress failing to pass the required supplemental defense funding packages.

"It is much easier for terrorists to shoot a $2000 rocket when we have to have a $200,000 rocket to respond to it, to knock it out of the sky. Safety and security does come with a price tag." The asymmetric cost of modern warfare means the US military is burning through highly expensive, advanced interceptors and precision-guided munitions at a rapid pace to counter cheap drones and rockets. This high burn rate necessitates massive supplemental defense spending to replenish depleted stockpiles, which directly flows to the prime defense contractors manufacturing these systems. LONG. Defense primes that manufacture advanced munitions, missile defense systems, and electronic warfare capabilities will see sustained order backlogs and guaranteed government funding. A sudden diplomatic resolution to the conflict or a divided Congress failing to pass the required supplemental defense funding packages.