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Investors are betting on bigger Pentagon budgets. So why are defence stocks struggling?

Source: The Globe and Mail

Infrastructure & DefenseGeopolitics & WarElections & Domestic PoliticsInvestor Sentiment & Positioning

The outlook for U.S. defense spending is strong, supported by global conflicts, rising security threats and bipartisan backing for increased military investment. Despite expectations for larger Pentagon budgets, defense stocks have underperformed, signaling a disconnect between favorable spending fundamentals and equity-market performance.

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