Proposed White House Budget Calls for Increased Defense Spending

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This article was originally published on ETFTrends.com.

U.S. President Donald Trump’s administration proposed a new White House budget that would effectively increase defense spending by 5 percent. Furthermore, the budget would preclude the Defense Department from any funding caps that are set to take place during fiscal year 2020–all positive news for the Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA: [...]

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