Trump’s Big Saudi Arms Deal Will Cause More Misery for Yemen

On Monday, the first day of trading since the announcement that Saudi Arabia had agreed to buy a hundred and ten billion dollars in U.S. weaponry, defense stocks jumped. “General Dynamics (GD.N), Raytheon (RTN.N), and Lockheed Martin (LMT.N) all hit record highs before easing to trade up between 0.4 percent and 1.6 percent,” Reuters reported. “Boeing (BA.N) was up 1.3 percent and the second-biggest boost to the Dow.”