Shifting ground for investors
Since mid-February, America’s S&P 500 index has dropped only 10%. In contrast, Asian and European stock prices have risen sharply, breaking a long trend of U.S. outperformance. What’s capturing investors’ attention is the unsettling feeling of change. While some might overlook short-term price movements in favor of multi-decade returns, the impact of these recent shifts could resonate for a while.
