Hold on to your hats, because the investment world just took a surprising turn! A year ago, the consensus was clear: a second term for Donald Trump meant trouble for international stocks. Investors braced for a US-centric market, anticipating that global equities would be left in the dust. But guess what? The script flipped!
Since Trump's re-election, a fascinating phenomenon has unfolded. Instead of lagging behind, international markets are actually leading the charge.
Specifically, benchmarks in China, Europe, and Canada have all outshone the S&P 500 in dollar terms. This is a complete reversal of the expected trend.
This unexpected outperformance of global stocks over the US market is a testament to the dynamic and often unpredictable nature of the financial world. It highlights how quickly market sentiment can shift and how important it is to stay informed and adaptable.
What do you think caused this shift? Share your thoughts in the comments!
