The gap between European and American stock markets has widened to the largest in 30 years, with Trump's victory boosting investment in American assets

Zhitong
2024.11.14 11:58
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The gap between the US and European stock markets has reached its widest in nearly 30 years, with Trump's election intensifying global preference for US assets. The S&P 500 index has risen 25% this year, reaching a historic high, while the STOXX Europe 600 index has only increased by 5%. Investors' allocation to US stocks continues to rise, with a net increase of 29%, while maintaining a net reduction in Eurozone and UK stocks. Despite the high valuation of the US stock market, accelerated economic and earnings growth makes it more advantageous compared to European stock markets