Le azioni europee in uscita Wall Street da quando Donald Trump è entrata in carica

By Financial Times, prominent bits

> Surprise outperformance driven by lack of day-one tariffs on EU and prospect of end to Ukraine war

> The benchmark Stoxx Europe 600 index has gained 5.3 per cent since January 17, the last trading day before Trump re-entered the White House, while on Wall Street the S&P 500 has risen 1.6 per cent and the tech-heavy Nasdaq Composite has advanced 1.4 per cent.

> European stocks are enjoying their best start to a year since the late 1980s and their strongest performance relative to the US in almost a decade, Bank of America analysts said in a note on Wednesday. The gains come after a prolonged period of Europe underperforming the US, as a huge rally in Big Tech stocks lifted Wall Street in recent years.

> Trump’s election was the most recent catalyst, pushing European equities to lag the US by the widest margin on record, amid expectations of a bruising trade war. Europe’s recent strong performance comes despite signs of stagnation in the continent’s major economies and worries over the region’s longer-term security as the US threatens to pull back military support.

> “We were not overweight Europe at the start of the year — [its strong performance] did catch everyone by surprise,” said Daniel Morris, chief market strategist at BNP Paribas Asset Management. The rally has been helped by European fund managers increasing their allocations since the start of the year, with a survey this week showing that the proportion saying the region’s stocks were undervalued was at a six-year high.

> Sectors including financials, defence — boosted by the prospect of increased spending by European governments — and luxury stocks have risen on the lack of day-one tariffs. Rheinmetall, Europe’s largest ammunition maker, is up 31 per cent in the past month while luxury maker Richemont is up 10 per cent.

> The euro, meanwhile, has gained 1.8 per cent against the dollar over the past month.

The German Rheinmetall stock has been pretty solid for me. Perhaps Europe needs Donald Trump more than it thinks. For far too long, it has been too cozy and it needs it’s comfort zone rattled to sharpen it’s survival instincts as the world changes. There was a time when European countries didn’t mess about. Britain declared war on Spain because a shipping trader came to complain in parliament that Spanish naval officers stopped him and cut off his ear near the Caribbeans.

Who knew that threatening tariffs across the board with your closest trade partners would worry investors? /s

capital is fleeing america… smart money already knows something…

Who would have guessed that throwing your own market into complete disarray would have that effect lol

Honestly i see EU and China being the biggest benefactors of Trump on the long term

If you invest, keep investing in European companies and pull out of U.S. ones!

Somehow makes sense but somehow doesn’t. Trump is pushing Europe on the brink of war and usually that doesn’t do well for the stock markets in the area where the bombs are dropping.