From Fed fatigue to Euro enthusiasm

With trade tensions and economic uncertainty ongoing, investors have moved away from the US and towards Europe. The latter’s stocks have outperformed their stateside rivals this year, with fiscal measures boosting their appeal. Amid concerns over its relationship with the US, the EU’s defence spending plans could help firms, although this could potentially be offset by taxes and other cuts. The high concentration of tech companies, combined with ongoing market volatility, has encouraged US stock investors to diversify their portfolios. Europe’s economy is dominated by the financial sector, and...