Obama Is Blowing The Third Gun Bubble

Obama Is Blowing The Third Gun Bubble

As President Barack Obama heads into his final year in office, he has kicked off the third firearms bubble of his administration. Just a few hours before he unveiled on Tuesday an executive order requiring more gun dealers to perform background checks on customers buying firearms, Smith & Wesson had some very good news for its shareholders. On Monday night, the gunmaker said sales in the current quarter could be up to 20 percent better than it had originally expected.

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