Stocks most heavily dependent on government spending
Business Insider — Who gets screwed if the Supercommittee fails to come to an agreement, triggering automatic spending cuts of $1.5 trillion?
JPMorgan breaks it down:
“We examined the annual filings of S&P 500 companies to identify those companies with significant sales from the US government—31 have significant disclosed sales totaling $280B annually. This is understated as reimbursements from Federal programs are not reflected (Health Care, for instance).”