Goldman Cranks Up Bullish Tone On Hemispheric Defense Theme

President Trump signed his sweeping tax cut and spending package—dubbed the "Big, Beautiful Bill"—into law during a Fourth of July celebration on Friday. Low-flying B-2 stealth bombers and next-gen fighter jets streaked across the skies above the White House to mark the event. Trump's BBB delivers a significant boost to defense spending, providing yet another tailwind for our accelerating Hemispheric Defense investment theme.