21 June 2026
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Beyond Winners and Losers: What Conflict Reveals About Capital Markets
Between February and December 2022, as Europe witnessed its largest military conflict since the Second World War, Lockheed Martin added billions of dollars to its market capitalisation, ExxonMobil reported the highest annual profit in its history, and German defence manufacturer Rheinmetall watched its order backlog more than double. The tendency is to read these outcomes…