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In the past, a GOP sweep has led to significant gains for defense stocks. However, the upcoming election may paint a different picture. Historically, the defense sector has performed well when there’s been a single party in control across Congress and the executive branch, particularly the Republican Party. Wells Fargo analyst Matthew Akers noted that
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As the possibility of former President Donald Trump securing a second presidential term looms, analysts are sounding the alarm about the potential ramifications for global inflation. The economic agenda of high tariffs and low taxes, which characterized Trump’s first term, is expected to exacerbate inflationary pressures if he is re-elected. The persistence of the “inflation
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Teoscar Hernandez surprised many by claiming the 2024 MLB All-Star Home Run Derby crown in his debut appearance. The Los Angeles Dodgers player showcased his power throughout the event, culminating in a thrilling final round victory over Bobby Witt Jr. While Hernandez’s triumph was unexpected, he proved his capability by besting several top contenders on
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The recent attempted assassination of former President Donald Trump at a Pennsylvania rally has prompted the leaders of Wall Street’s most powerful firms to speak out and condemn the act of violence. JPMorgan Chase CEO Jamie Dimon expressed his deep sadness over the incident and emphasized the importance of standing together against hate, intimidation, and
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