$OIL - Oil prices rising due to Strait of Hormuz closure and Middle East conflict, with 20% of world's exported oil at risk. Inflation concerns mounting as gas prices already up 50 cents per gallon.
$DEFENSE - Massive military spending underway with aircraft carrier deployments costing $7M/day each, replacement jets costing nearly $500M, and hundreds of jets deployed to Middle East.
Bearish:
$IRAN - US and Israel conducting massive bombing campaign to destroy Iran's nuclear and missile capabilities, with regime change as potential objective. Infrastructure and military being systematically degraded.
$EQUITIES - Rising inflation from oil price spike and massive war spending will hurt markets and force policy changes, impacting midterm elections and economic growth.
$INSURANCE - Major reinsurance companies refusing to cover tankers through Strait of Hormuz, forcing US government to backstop all insurance costs for oil shipments.