DDI - Wall Street Breakfast: The Week Ahead
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead The political showdown over the government debt ceiling is likely to ramp up next week. While U.S. government shutdowns or debt ceiling battles in the past have had no consistent impact on the S&P 500 Index itself, certain stocks are sensitive to the heightened focus on government spending and underperformed during debt limit showdowns. With that in mind, the list of companies deriving more than 95% of their income from government contracts includes Huntington Ingalls Industries (NYSE:HII), Mercury Systems (NASDAQ:MRCY), Lockheed Martin (NYSE:LMT), Oak Street Health (NYSE:OSH), Northrop Grumman (NYSE:NOC), Science Applications International Corp. (NYSE:SAIC), Booz Allen Hamilton Holding (NYSE:BAH) and CACI International (NYSE:CACI). Outside of the DC drama, economic reports of note due out include updates on durable orders,
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Wall Street Breakfast: The Week Ahead