Proposed White House Budget Calls for Increased Defense Spending
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: [...]