Europe’s equities have emerged clear winners worldwide as the region’s economic outlook brightens at a time when President Donald Trump’s trade war hobbles US financial markets.
Five months into the year, eight of the world’s 10 best-performing stock markets are in Europe, according to data compiled by Bloomberg. That list features Germany’s DAX Index with a rally of more than 30% in dollar terms, as well as peripheral markets such as Slovenia, Poland, Greece and Hungary.
The pan-European Stoxx 600 Index is beating the S&P 500 by a record 18 percentage points in dollars, powered by Germany’s historic fiscal spending plans and a stronger euro. Market participants say there’s more to come as resilient corporate earnings and attractive valuations make the region a safer bet when concern over trade and fiscal debt grips the US economy.
“Europe is back on the map,” said Frederique Carrier, head of investment strategy for RBC Wealth Management in the British Isles and Asia. “We are getting more questions about Europe now over the last two months than we did over the last 10 years.”
Spokraket on
Is anyone surprised? I’m impressed that the USA is still somehow keeping it together.
JURI88 on
We Europeans, should invest into our EU stocks in the same way all the US people invest in their SP500 for retirement. Not only we would be appreciating our pensions in the long run, we would be giving a lot of funds to EU companies to grow, to employ more people in Europe etc. and in the end also pay more taxes within Europe to improve our overall quality of life here.
Buy local and support your neighbours. Buy within Europe and invest within Europe. That is the way.
MKW69 on
Trump bankrupted his business 6 times, what did People expected?
Harbinger2001 on
I’ve divested myself of US equities and now have an “anywhere but US” investment plan. Europe obviously plays a large role.
MichaelFlad24 on
Back fire is hardly accurate. Its just started. Trump overdoes things but he will adjust and already has.
yojifer680 on
US stocks are in a massive bubble, they can’t go much higher. The S&P CAPE ratio has been above 30.
-Competitive-Nose- on
I am definitely in the team Europe, but this is a very selective way to see things. Let’s compare the numbers just for the last month and… Yeah, it’s no longer so nice.
Year to year numbers are very comparable. After long years of US stocks massively outperforming the European ones, titles like “Europe’s Stocks Dominate World Markets” are not fitting in my opinion.
But let’s hope I am just being pessimistic and Europe will have another stellar 5 months.
TheGreatestOrator on
US stocks have doubled in the last 5 years. They’re massively ahead of Europe, and their economy is still projected to grow faster than the EU this year and next even after revisions due to tariffs
Cee-Sum-Bhadji on
It’s a small thing but I started buying EU based products for my fly fishing and will never look back. It’s better, it’s cheaper and arrives quicker.
11 commenti
Europe’s equities have emerged clear winners worldwide as the region’s economic outlook brightens at a time when President Donald Trump’s trade war hobbles US financial markets.
Five months into the year, eight of the world’s 10 best-performing stock markets are in Europe, according to data compiled by Bloomberg. That list features Germany’s DAX Index with a rally of more than 30% in dollar terms, as well as peripheral markets such as Slovenia, Poland, Greece and Hungary.
The pan-European Stoxx 600 Index is beating the S&P 500 by a record 18 percentage points in dollars, powered by Germany’s historic fiscal spending plans and a stronger euro. Market participants say there’s more to come as resilient corporate earnings and attractive valuations make the region a safer bet when concern over trade and fiscal debt grips the US economy.
“Europe is back on the map,” said Frederique Carrier, head of investment strategy for RBC Wealth Management in the British Isles and Asia. “We are getting more questions about Europe now over the last two months than we did over the last 10 years.”
Is anyone surprised? I’m impressed that the USA is still somehow keeping it together.
We Europeans, should invest into our EU stocks in the same way all the US people invest in their SP500 for retirement. Not only we would be appreciating our pensions in the long run, we would be giving a lot of funds to EU companies to grow, to employ more people in Europe etc. and in the end also pay more taxes within Europe to improve our overall quality of life here.
Buy local and support your neighbours. Buy within Europe and invest within Europe. That is the way.
Trump bankrupted his business 6 times, what did People expected?
I’ve divested myself of US equities and now have an “anywhere but US” investment plan. Europe obviously plays a large role.
Back fire is hardly accurate. Its just started. Trump overdoes things but he will adjust and already has.
US stocks are in a massive bubble, they can’t go much higher. The S&P CAPE ratio has been above 30.
I am definitely in the team Europe, but this is a very selective way to see things. Let’s compare the numbers just for the last month and… Yeah, it’s no longer so nice.
Year to year numbers are very comparable. After long years of US stocks massively outperforming the European ones, titles like “Europe’s Stocks Dominate World Markets” are not fitting in my opinion.
But let’s hope I am just being pessimistic and Europe will have another stellar 5 months.
US stocks have doubled in the last 5 years. They’re massively ahead of Europe, and their economy is still projected to grow faster than the EU this year and next even after revisions due to tariffs
It’s a small thing but I started buying EU based products for my fly fishing and will never look back. It’s better, it’s cheaper and arrives quicker.
[non-paywall link](https://www.bloomberg.com/news/articles/2025-06-01/europe-s-stocks-dominate-world-markets-as-us-trade-war-backfires?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0ODc4MDk2NiwiZXhwIjoxNzQ5Mzg1NzY2LCJhcnRpY2xlSWQiOiJTV0tENE1UMEFGQjQwMCIsImJjb25uZWN0SWQiOiJFQzZCRjE2QjdBOUM0NjlFQTYyODNDODg5NEJCQkI2MyJ9.a96phCjfjzxUaWvYYDqZfwVvoQf3z6XxjlJka8-kcW0)