Opinion: Is European Defense ‘Different This Time’?

Array of ammunition
Credit: Fabian Bimmer/Pool/Getty Images
A major financial firm recently issued a research note on European defense stocks which asked: “Where are we in the super-cycle, and is it already priced in?” The report’s conclusion was that European defense stocks present more downside risk than upside risk. There were a number of analytic issues...
Byron Callan

Contributing columnist Byron Callan is a managing director at Capital Alpha Partners in Washington.

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