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WSJ Opinion / Continetti
Why Democrats Cannot Quit Israel
The party's elite donor class and its activist base are pulling in opposite directions on the most morally charged foreign policy question of the era.
Matthew Continetti · WSJ Opinion · Op-Ed · April 23, 2026
Two factions, one party
Continetti maps the split inside the Democratic coalition on Israel policy: the donor class and the legacy foreign policy establishment on one side, the campus activist base and progressive caucus on the other. He argues that this is not a split that can be papered over with rhetoric — it will produce a primary fight in 2028 if not before.
Investment angle
The Defense complex (LMT, RTX, NOC, GD, HII, BA) is positioned to do well almost regardless of which faction wins, because supplemental aid packages are the one piece of bipartisan business in Washington. We remain overweight.
What This Means For Your Book
Stay overweight Defense primes (LMT, RTX, NOC, GD, HII, BA). Aid-package politics are bipartisan and Defense is the sole shared lane.
Foreign policy fractures within the Democratic coalition do not change Defense capex direction. They reinforce it.
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