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Defense spending rose to $2.5T in 2024, up from $2.2T in 2023. How does North America's spending compare with other regions? 🪖
In this graphic, the first in a three-part Investing in Defense series, we've partnered with @GlobalXETFs to explore the global landscape of defense spending.
Defense spending rose to $2.5T in 2024, up from $2.2T in 2023. How does North America's spending compare with other regions? 🪖
In this graphic, the first in a three-part Investing in Defense series, we've partnered with @GlobalXETFs to explore the global landscape of defense spending.
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Ukrainian forces successfully attacked Russian vehicles in the capital city of Kyiv thanks to a public tip made through the encrypted messaging app Telegram, Ukraine's top law-enforcement agency said on Tuesday. "He has to start being more proactive and to find a real solution to this situation, not stay in standby without interfering. It's a very irresponsible position from the owner of Telegram," she said. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours. For tech stocks, “the main thing is yields,” Essaye said.
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