With the current geopolitical climate and escalating tensions should defense stocks be a sure buy?
Taiwan, Russia, China, USA, Europe are all going to be producing more weapons/ammunition etc. This is going to continue in the future as we enter a new era of tension between great powers along with Europe and Taiwan playing major roles as well.
Considering the risk to value, defense indexes or even individual stocks if you have the knowledge are a great wait to allocate. Even with a black-swan event with China invading or blockading(which in my opinion is inevitable) defense stocks are going to hedge and do well.
Thoughts, am I wrong here, are they overvalued already?
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