The primary customers of defense stocks are governments, which bring steady, long-term contracts, deep pockets, and a history of paying their bills on time. Pledges by NATO countries to boost defense spending provide a tailwind for earnings in the years ahead. Do you know what to look for in defense stocks?
Stock markets in Asia and the USA have powered to new highs on lower than expected US inflation data and expectations of a US rate cut and trade deal with China coming this week.