In this clip from The Macro Show, Keith McCullough explains why defense companies General Dynamics (GD) and Huntington Ingalls (HII) are nearing the top of his signal-strength stock list.
“When you see economic deterioration like you saw in Russia and have been seeing in China, what’s going up is geopolitical risk, whether you know it or not,” McCullough explains. “The signal is saying weaker on China and stronger on defense.”
“If these two names aren’t in your portfolio on corrections, you’ve got to get better.”
Watch the full clip above.
