Investors aren't just buying US stocks anymore: Morning Brief

Published On Feb 19, 2025, 6:00 AM

Investors' confidence in U.S. stock market exceptionalism is decreasing as a growing share of fund managers believe that global stocks will outperform U.S. equities in 2025. Recent inflows into European equities have surged, led by optimism about rate cuts from the European Central Bank, while U.S. growth expectations are declining. This shift suggests a reevaluation of investment strategies, with foreign markets becoming increasingly appealing compared to U.S. stocks, which are seen as overvalued after a long period of strong performance.

Stock Forecasts

IEFA

Positive

With growing interest in non-U.S. equities and signs of stagnation in U.S. economic performance, investors may benefit from reallocating to international stocks, particularly in Europe where growth forecasts are improving.

XLE

Neutral

As the S&P 500 struggles amid stagnant growth expectations, investors in U.S. equities might face headwinds. A shift towards undervalued sectors like Materials and Energy could offer opportunities, albeit within a potentially declining overall market.

Related News

Many of President Trump’s media allies were quick to celebrate this week’s negotiations, a contrast to the deep unease expressed by the foreign policy establishment.

XLE
RTX

Cornwall Insight predicts that the energy regulator will hike gas and electricity prices by 5%.

The US president says India will be buying "a lot of our oil and gas" after meeting India's PM.

XLE
LMT
SPY