The attack on Venezuela, the threat to seize Greenland, and the pledge to raise the defense budget to $1.5 trillion have sent shares skyrocketing
Global defense stocks rallied at the start of the year against the backdrop of multiple belligerent actions taken by US President Donald Trump.
Shares have experienced steady growth over the past week, gaining more than 10% on average. The most impressive performance has been from European military-industrial giants like Saab and Rheinmetall, which gained around 25% and 20.5%, respectively.
The market value of defense companies spiked again on Thursday after Trump called for a massive 50% increase in…
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