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Democratic Sweep Fears Batter Drone Stocks As Miller Tabak Spots Buying Opportunities

ZeroHedge29 October 2026, 10:55 UTCUnited States of America

Democratic Sweep Fears Batter Drone Stocks As Miller Tabak Spots Buying Opportunities Jefferies aerospace and defense analyst Sheila Kahyaoglu warned in a new note that "A Democratic sweep would certainly put the reconciliation proposal at risk," potentially jeopardizing the Trump administration's rearmament supercycle and putting drone spending at risk.The BofA US Drone Ecosystem Index has tumbled 40% from mid-January through Tuesday, while the S&P 500 gained 11%. The decline follows a nearly 120% rally from the end of 2024, as investors bet on a massive upcycle in domestic dron

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