Insider move? US Politicians buy defense stocks ahead of $95B aid package

After a protracted deadlock, the U.S. House of Representatives passed a massive military-focused foreign aid bill on Saturday, April 20.The bill – in total, worth $95 billion and on its own bigger than the annual defense budgets of every country save for the U.S., China, and Russia – has three main beneficiaries: Israel, Ukraine, and Taiwan.It mostly focuses on replenishing and modernizing equipment and, in some cases, supporting humanitarian aid and salary payments. Along with the recipient countries, the ...