UK Defense Secretary Shapps yesterday: "Now is the time for all allied and democratic nations across the world to ensure their defense spending is growing."

It's hard to see a world where the defense industry doesn't outperform the market in 2024.

$XAR https://seekingalpha.com/news/4054999-uk-warns-of-world-entering-pre-war-phase-marking-end-of-peace-dividend