Rising inflation, elevated Treasury yields, and Middle East uncertainty continue to weigh heavily on the aerospace industry. The sector has struggled to keep pace with the broader market, as shown by the S&P 500 Aerospace & Defense tanking 8.08% year to date compared to a 13% gain for the S&P 500. It has also underperformed the Insider Monkey Billionaire Index that’s up by about 33% over the same period
The underperformance comes against a backdrop of oil prices surging to multi-year...
