In the News

Title

Trump's Military Spending Should Have Defense ETFs on the March

Document Type

Article

Publication Date

3-6-2017

Abstract

The Trump administration is planning a "historic" spike in military spending, and the numbers involved indicate a big uptick in defense industry investments, especially for exchange traded funds.

Last week, the Trump White House unveiled a budget plan that would raise military spending by $54 billion - a record-breaking 9% rise from previous budgets.