Governments around the world are ramping up military spending – and fund managers are positioning accordingly.
An increasingly unstable global geopolitical stage has prompted economies to ramp up military spending and investors are rushing to cash in on the trend for a return to war footing.
“Trump’s geopolitical policies could also transform the landscape by raising questions about the United States’ commitment to defending allies in Europe and Asia.”But while some are wagering that the tense macro environment could weigh on global growth, others are identifying the opportunity. “It’s not good for economic growth, but for certain companies it could be quite beneficial over the next decade if we continue going down this path.”“Since the Ukraine war broke out, the demand for Droneshield’s products seem to us to have become part parcel of military spending budgets,” Mr Kidman said.Iron ore price
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 LIVE: ASX to rise, Nvidia leaps as megacaps rallyAustralian shares to rise. Telix unveils $300 million Nasdaq IPO. Gold, oil rise. Iron ore slips. Bank of Canada cuts rates. Follow updates here.
Read more »
ASX 200 LIVE: ASX to edge up, Wall St awaits May jobs dataAustralian shares are set to rise, helped by commodities. S&P 500 dips as Nvidia, Apple slip below $US3 trillion mark. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall, Wall St hovers near record highsAustralian shares are set to open down, tracking losses in Europe. Iron ore slides. S&P 500 edges higher. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall, Apple resets record highAustralian shares are set to extend their losses. BHP and Rio drop. Apple leaps 7.3pc to record high. China and US price data next. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall, Nasdaq and S&P 500 extend advancesShares flat. Telix scraps US IPO. Bank of Japan ahead. S&P 500 hits record high. Citi upgrades copper. Trump says he wants to trim US corp taxes. Follow here.
Read more »
ASX 200 LIVE: ASX to rise, Reserve Bank decision awaitedShares are set to open higher; S&P 500 resets record close for 30th time in 2024; Reserve Bank cash rate decision at 2:30pm AEST. Follow here for more updates.
Read more »