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#shareprices

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Windfall for European arms makers.

Weapons manufacturers across Europe are rushing to secure contracts after EU countries announced plans to dramatically increase defence spending.

Share prices of European arms companies had already risen sharply following the US decision to suspend military aid to Ukraine.

mediafaro.org/article/20250307

RFi · Windfall for European arms makers.By Jan van der Made

Well that didn't take long! #DejaVu!

Barely a month into his new #MAGA worm term and #DJT has tanked the markets again!

Rising global tensions = rising interest rates.#Trumptarded #tradewar threats wipe silly smiles off sinking S&P 500 #StockIndex. Grotesque gains since the election are gone, and in summary: #shitshow #SharePrices down today across globe on anxiety over the impact of #TrumpTariffs.

Latest On Expected #EconomicMeltdown At #FT : on.ft.com/4byvJlq #FollowTheMoney

While taking #shareprices as the only indicator of #economic success is a major problem (not least in #business media reporting), this comparison does tell us something about sentiment around UK listed firms (itself an imperfect analogue for UK-based firms).

Compared with World & World minus USA pricing, UK equities carry a larger discount against projected future earnings... suggesting #investors expect further upheavals in the UK's economy.

Its not the whole story but striking nonetheless

Some things to bear in mind when you see a news article about #SharePrices rising or falling.

Share price is, nominally, a function of how well rich people expect a company to do.

#GoodhartsLaw states that "When a measure becomes a target, it ceases to be a good measure". High share prices long ago became a target, and so have nothing to do with how well a company is doing; at most, they are now a function of how rich people expect them to change. #SelfFulfillingProphecy