David Rosenberg: This one sector is looking like a buy in an overall shaky stock market

News Snapshot:

The Hamas terrorist attack on October 7th and the ensuing fallout, as horrible as it was, was a stark reminder of the precarious state of global geopolitics. The risk of a broader conflagration is high and rising, with the potential to bring in allies on both sides and to become a global hotspot. This would add a third region of concern to the list of ongoing and potential conflicts, on top of Ukraine and the China-Taiwan tensions. Beyond having traditional hedges in the portfolio (gold, for example), there is a strong bull case to be made for having Aerospace &...