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''The Intercept''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], Raytheon, [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics.  Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President [[George W. Bush]] signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees.  According to ''The Intercept:''

''The Intercept''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], Raytheon, [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics.  Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President [[George W. Bush]] signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees.  According to ''The Intercept:''

{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613.  That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}

{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613.  That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}

==References==

==References==