I’m looking at the etf ITA and wondering why this isn’t mooning right now. US is launching missiles by the thousands. We’re having missiles brought into the Middle East from bases all around the world. Every day there’s a new escalation. Hegseth said the US needs $200 billion to help fund this thing.
Even if the war ended tomorrow we still need to ramp up production to restock our missile supply. What am I missing? Was this war really priced in?