POSTING NOW Trump just (https://www.cnbc.com/2026/05/12/trump-congress-iran-war-hegseth.html) — which means the third-month war premium is no longer temporary optionality, it's structural policy. Here's the problem: $RTX, $NOC, $GE are all trading like this unlocks a sustained 18-month defense supercycle. The data tells a different story.

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