The article highlights the potential rise in defense stocks due to escalating tensions in the Middle East. There's a notable increase in demand for defense companies amid lack of resolution in various conflicts. European defense stocks have been performing well, and this could extend to American markets following President Trump’s proposed 13% increase in defense spending to $1 trillion. Companies like Lockheed Martin, which provide critical military assets, are believed to be major beneficiaries of this situation.
European defense stocks have been surging in the past few months, but this rally could spill over into American ones as well.
A major fear was that President Trump would cut defense spending significantly, but that does not seem to be the case.
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