Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why European Defense Stocks Are Outperforming the Broader Market
Episode 89 of The European Economy Podcast explores a striking divergence in the Eurozone equity market: while the broader European stock indexes like VGK, EZU, and FEZ have posted modest gains of 2-3% over the past week, defense and aerospace stocks have surged more than 10% since late June. Lucas and Luna drill into the catalyst — a surprise joint announcement from France, Germany, and Italy on July 1 committing to a €200 billion joint defense procurement fund over five years — and what it means for fiscal policy, bond yields, and the rotating leadership within the Eurozone. They examine…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.