With a US NATO exit looking more likely by the week and the end of US aid for Ukraine on the horizon, what is your stance on US defense stocks?
I'm thinking about selling my 'Aerospace & Defense' ETF and investing in European stocks instead (e.g. Siemens and Novo Nordisk). Yes, according to the latest statements, the US won't reduce its military spending, but I'm very unsure about the future of US defense stocks. So I thought some of you might have deeper insights into the topic.
Thanks in advance!