Why war may not be good for war stocks

In 1970, the American singer-songwriter Edwin Starr released a song titled “War,” in which he concluded that is, in fact, good for absolutely nothing. Despite this popular stance, the five decades since have seemingly proven that war is, in fact, quite good for several things, including the market performance of the so-called “war stocks.”Despite this perception and U.S. officials’ propensity for trading these shares – sometimes even making highly suspicious investments – war hasn’t been entirely profitable ...