On this episode of the Business Podcast, sponsored by Bell, our guests are “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of AeroDynamic Advisory and Sash Tusa of Agency Partners.
Topics:
— Aerospace and defense stock performance as Wall Street posts its strongest day since June on growing sense coming recession is likely to be mild than severe as earnings continue to worry and Fed prepares to again raise rates
— What Lockheed Martin’s earnings and L3Harris’ decision to buy back shares suggests about what to expect from other defense and aerospace companies as they prepare to report earnings over the coming weeks
— Air travel demand grows reducing parked aircraft and increasing demand for new jets
— Takeaways from the National Business Aviation Association’s Business Aviation Conference & Exhibition in Orlando
— Federal appears judge’s decision allow families of the 346 who died in two 737 Max crashes to challenge $2.5 billion settlement between Boeing and the Justice Department
— Update on Moscow’s war on Ukraine as Russia pummels its neighbors infrastructure to impede Kyiv’s ability to fight
— Outlook for European defense spending and continent’s ability to satisfy its own capability needs as Poland turns to Korea for heavy self-propelled artillery
— Europe’s concern of possible Russian use of nuclear weapons as Vladimir Putin continues to intimidate Washington and its allies to end support for Kyiv
— Battle to replace Liz Truss as Britain’s shortest-serving prime minister resigns
