Tag Archives: bonanza

The sharp increase in military spending by Western countries, necessary to supply weapons to Ukraine and rearm their own militaries, is a boon to defense contractors, Sky News said on Friday. But while the likes of Lockheed Martin and Boeing enjoy extra profits, the arms race poses a threat to …

“DC’s policy bubble is fueling Wall St’s asset price bubble,” wrote a group of analysts at Bank of America led by Michael Hartnett, as quoted by Bloomberg. The analysts were referring to the US Federal Reserve’s (the Fed’s) monetary actions, as well as fiscal stimulus policies designed to mitigate the …