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Midterm Elections Are Potential Test for US Defense Investors

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Deals Midterm Elections Are Potential Test for US Defense Investors The US midterm elections are a test of investor sentiment in the rapidly growing defense sector, market watchers said. President Donald Trump is seeking a more than 40% increase in the military budget to roughly $1.5 trillion, but how likely that survives depends a lot on Republicans keeping control of Congress.

Deals Midterm Elections Are Potential Test for US Defense Investors The US midterm elections are a test of investor sentiment in the rapidly growing defense sector, market watchers said. President Donald Trump is seeking a more than 40% increase in the military budget to roughly $1.5 trillion, but how likely that survives depends a lot on Republicans keeping control of Congress.
US (LOCATION) Donald Trump (PERSON) Republicans (ORG) Congress (ORG)
Originally published by Bloomberg Markets Read original →