Is SHLD Global X Defense Tech ETF A Good Buy With Trump Presidency?
@koolgal:
🌟🌟🌟With Donald Trump set to be President in January 20 2025, he would be the new Commander In Chief of the US armed forces. The 2024 Republican Platform said that it will ensure the US military is the most modern, lethal and powerful force in the world. According to Statista, the US led the ranking of the countries with the highest military spending in 2023 with USD 916 billion. That represents over 40% of the total military spending worldwide in 2023. $Global X Defense Tech ETF(SHLD)$ SHLD represents the best defense technology companies worldwide that provide the products and services in that sector. These include Cybersecurity, AI, Big Data, Augmented Reality, Advanced Military Systems as well as Robotics,