(https://www.cnbc.com/2026/07/08/trump-says-iran-ceasefire-is-over-after-latest-round-of-strikes.html) while (https://www.marketwatch.com/story/kevin-warsh-plans-to-stop-scripting-the-feds-next-moves-it-could-trigger-a-wild-ride-for-traders-0bb39b9e?mod=mw_rss_topstories) creates a two-tier payoff. RTX posted $22.1B quarterly revenue on 9.3% net margins — that's structural, not cyclical.

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