Europe’s stocks are on a tear

Europe has been a winner while US has been a (relative) loser

A lot of investors have been “hiding in European stocks this year” as a “safe haven” from turmoil caused by Donald Trump, says Dan Coatsworth of AJ Bell. They’ve now received “a short, sharp shock” –

Stocks are living their best life while the dollar is having its worst year since 1973

Picking through a murky market outlook for the rest of 2025

“A latter-day Rip Van Winkle… napping since the start of the year, might think not much had changed” over the past six months in financial markets, says Randall Forsyth in Barron’s. The S&P 500 index

Issue of the week: are markets too complacent? ...