Looks more like Europeans are moving money from the US to Europe in fear of something bad happening, rather then Trump not starting with tariffs or the current plans for peace in Ukraine. Obviously the later would be great for Europe, but not in the way planned.
The underlying here is, smart money is investing with the sentiment that (non us / “foreign and developing markets” ) will outperform the U.S. I think there’s two reasons.
- SPY and IWM are ATH, and emerging has better growth potential.
- U.S. financial leadership is the poorest it’s been in 50 years because Trump is loose canon on financial policy, and the market really only hates one thing. Uncertainty. If you can price in bad news with certainty, it’s not great for the market, but it’s better than uncertainty. And that guy can open his mouth and wreck your portfolio in one second.
That’s good, we weren’t doing too great I think. Not that it necessary matters much, but…
makes sense. business does best with stability.
The underlying truth here is, smart money is investing with the sentiment that (non us / “foreign and developing markets” ) will outperform the U.S. I think there’s two reasons.
- SPY and IWM are ATH, and emerging has better growth potential.
- U.S. financial leadership is the poorest it’s been in 50 years because Trump is loose canon on financial policy, and the market really only hates one thing. Uncertainty. If you can price in bad news with certainty, it’s not great for the market, but it’s better than uncertainty. And that guy can open his mouth and wreck your portfolio in one second.
Either my fonds are going really high now ooor its dying. I dont know and i dont want to know until i get the quartal letter!
