Ukraine Peace Talks Undermine European Defense Stocks

Ukraine Peace Talks Undermine European Defense Stocks

The defense sector was a casualty of potential peace on Monday.  European arms-makers have been breadwinners all year for stock pickers, with the war in Ukraine motivating governments on the continent to upgrade their defensive capacity. Deal or no deal, that trend isn’t over, which is why some analysts found the selloff a head-scratcher.  En Garde Europe’s STOXX 600 index has climbed 11.5% this year and, like the S&P 500 on the other side of th…

Tanker stocks hit too hard as Ukraine peace talks intensify

Fearnley Securities’ Fredrik Dybwad believes Frontline dip provides opportunity to buy stock

The markets have already made up their minds: they're betting on peace (and Russian gas). Defense collapses, chemicals soar. - Economic Scenarios

Financial markets, as we know, are cynical. They don't pay attention to declarations of principle, flags, or political rhetoric. They focus on future