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- #Gate Ranks Top 4 Exchange#
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
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- 🎁 Gate Alpha Airdrop Alert!
To celebrate the listing of $EGL1 on Gate Alpha @GateioAlpha
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JPMorgan: European defense spending faces "paradigm shift"
On March 5th, Golden Finance News, JPMorgan analysts David Perry and Lucy Fitzgerald stated in a report that as the period of U.S. taxpayers subsidizing European defense seems to be coming to an end, Europe is facing a 'paradigm shift' in military spending. They wrote that from the end of World War II to 2024, the United States has ensured Europe's security, especially since 1990. However, with Trump serving as U.S. president, that era has ended. Analysts predict that if Europe decides to cut its defense spending, neither the Republican nor Democratic successors will compensate Europe in the future. In the analysts' view, this means that European defense stocks will achieve higher sales, profits, and free cash flow, and valuation multiples should be much higher than the levels of the past 20 years.