US Fed pulling the purse strings in a little tighter every day....

US Fed pulling the purse strings in a little tighter every day. Defence spending is on their hit list & one to be cut.

Already existing defence contracts are being looked at.

Other Governments are doing the same. We are all in tuff times.

MST won't stand out in the crowd with a surge in SP for some time yet, IMO.

My interpretation of surge being >25c <$1.00