Firearm stocks under Trump

Talking about gun regulation causes increased gun sales. People buy out store stocks seeking to get them while they still can. So in that regard, President Obama was terrific for gun stores and manufacturers. For all the talk needing to do something, there was little done. The talk was enough to spike gun sales.

Sales and stock prices of firearms makers slumped after Trump’s unexpected election victory was seen as reducing prospects for curbs on gun ownership… But tweets and comments by Trump on Wednesday and Thursday that he supported raising the age limit for purchases of some kinds of guns, as well as other measures, turned up the heat on the gun control debate, and boosted gunmakers’ shares.” (Reuters) Trump also advocates arming some schoolteachers, which would also likely boost gun sales.

This chart is interesting. There were about 3 million a year manufactured under President George W Bush. There were about 8 million a year under President Obama.

Statistic: Number of firearms manufactured in the U.S. from 1986 to 2015 | Statista
Find more statistics at Statista

From Firearm stocks under Trump published February 24, 2018 at 09:37AM.

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