A reader remarks about corporate political giving:
There are likely parallels in other industries whose fortunes rise and fall with the trade winds of political priorities. Defense, law enforcement, construction, healthcare, and others come to mind. As an active investor I am directionally indifferent. Unlike Bob Dylan, I am always looking for a weatherman to know which way the wind blows.
Those industries have close ties to government spending, while the gun manufacturers do not – you’d think.