What Drives Gun Sales: Terrorism, Obama and Calls for Restrictions - The New York Times - 0 views
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On Sunday, President Obama called for making it harder to buy assault weapons after the terrorist attack in San Bernardino, Calif. On Monday, the stock prices of two top gun makers, Smith & Wesson and Ruger, soared.
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“President Obama has actually been the best salesman for firearms,” said Brian W. Ruttenbur, an analyst with BB&T Capital Markets
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Fear of gun-buying restrictions has been the main driver of spikes in gun sales, far surpassing the effects of mass shootings and terrorist attacks alone, according to federal background-check data
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