Chart: European defence stocks surge Share prices rebased in € terns for BAE Ssystems, Rheinmetal & Leonardo - shows all three rising steeply at the start of the year

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   Emeritus Prof Christopher May (chrismayla6@zirk.us)'s status on Tuesday, 04-Mar-2025 08:15:40 JST Emeritus Prof Christopher May

   If you're looking for leading indicators on the possible pivot to a European Military Keynsianism, here's one bit of evidence for you:

   three key European defence stocks are rising in price rather steeply;

   presumably on investors' view that European defence procurement is going to be focussed more on regional suppliers as US security guarantees become less valuable (and approach worthlessness).

   #Defence #MilitaryKeynsianism