Last year Pentagon asked Republicans to fast track the defense budget but Republicans delayed because they wanted to squeeze spending.
Now Republicans said the budget is not big enough. This is extremely good news for Austal. Article below.
Republicans are happier as they're addicted to spend more because the US economy is still in needed for more spending to spur inflation growth.
I'm watching what are the best stocks for the last 3 days in order to buy them because I think the money market funds are jumping in as they are assured the Fed is going to deliver a dovish tone.
Equities rise and I expect more volumes in Austal.
http://mobile.reuters.com/article/ousivMolt/idUSKCN0VI1L7?il=0
News: ASB Pentagon's No. 2 says cut in LCS ship program 'not an indictment', page-2
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