Will the Recession and Elections Resurrect Interest in Guns?
Last weekend, Fox News (NWSA) star Glenn Beck held a Restoring Honor Rally at the Mall in Washington, DC. With the recession sticking and Congressional elections in November, will these ingredients serve up another round of gun demand?
As you can see in the chart below, when the media is full of rhetoric about threats to the Second Amendment right to bear arms, sales spike and gun stocks such as Smith & Wesson (SWHC) rocket:
Post Labor Day, do you think we could see this phenomenon repeat through November?