Breakingviews

Trump’s dystopia gives gun sellers bright outlook

By Rob Cox
September 2, 2016

In a quarter that included the Orlando shooting and the NRA endorsing the Republican presidential candidate, Smith & Wesson reported a 40 pct surge in sales. It also lifted its guidance. Big business may not be getting behind Trump, but he is helping one corner of capitalism.

The Exchange podcast: The Trace’s editor

By Rob Cox
June 22, 2016

James Burnett, editor of The Trace, an independent, non-profit media organization dedicated to expanding coverage of guns in the United States, swings by Times Square to discuss legislative responses to the horrific killing of 49 people at an Orlando nightclub, and the role firearms regulation will play generally in the upcoming presidential election.

Viewsroom: Clippy’s resume, Big Mac for Chicago, Lax gun laws

June 17, 2016

Microsoft’s willingness to plunk down $26 bln for LinkedIn proves the software giant is slipping back to its old habit of illogical deals. Plus McDonald's move to Chicago is a win for the broke city and why lax gun laws in the U.S. are hurting the country’s influence abroad.

Latest morbid gun-stocks rally may be irrational

By Rob Cox
June 13, 2016

Following the Orlando massacre, Smith & Wesson and Sturm Ruger shares jumped on the notion that Americans will rush to stockpile weapons before legislators crack down. The link between national security and lax firearms laws this time around makes the investment thesis riskier.

Mass shootings erode U.S. soft power

June 13, 2016

People the world over sympathize with the dozens killed in an Orlando nightclub. Whatever the attacker’s motives, though, Washington’s allies can’t fathom the richest nation’s continuing failure to control access to lethal weapons. It’s a blind spot that saps America’s influence.

Cox: Scope out the bank in U.S. retail camouflage

By Rob Cox
February 16, 2016

The business model of Cabela’s, which is up for sale, resembles a $3.2 bln chain of taxidermy museums issuing unsecured debt to assault-rifle buyers. Most of the profit at the “World’s Foremost Outfitter” comes from a loan book ballooning in ways that should give suitors pause.

Cox: How gun control is like zero interest rates

By Rob Cox
January 5, 2016

A White House order to require more dealers selling their wares at gun shows to conduct background checks has kicked off the third firearms bubble of Obama’s presidency. As in previous booms, bringing forward future demand stores up trouble down the road for the weapons trade.

Cox: Capitalism can help solve the gun problem

By Rob Cox
December 14, 2015

Squabbling U.S. Republican presidential contenders can’t seem to agree on much, but they all say they want to end crony capitalism. By repealing a law that uniquely shields gunsmiths from the disciplining force of liability lawsuits, they could let the free market save lives.

Rob Cox: Why Remington’s investors shouldn’t sell

By Rob Cox
May 19, 2015

Gun safety groups and Snoop Dogg pressured Cerberus to cleave the maker of a notorious assault rifle from its funds. Now Cerberus can get back to work raising money. Social activists need to behave more like their shareholder brethren to have any hope of changing this business.

Rob Cox: Good news for guns is bad for gunmakers

By Rob Cox
November 18, 2014

A Republican U.S. Senate puts a bullet in new federal firearms controls. Yet Colt, maker of the gun that won the West, is short of cash, Moody’s downgraded Remington and shares of Ruger and Smith & Wesson have been clobbered. The industry does better with guns in a corner.