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S&P 500 Lags Global Peers Despite Record Highs as Trade War Weighs
S&P 500 Lags Global Peers Despite Record Highs as Trade War Weighs
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BTCCSquare news:
The S&P 500 ranks just 66th globally in performance this year, trailing even Ghana's stock market and marking its weakest relative showing since the 2008 crisis. While the index has rallied 11% year-to-date in dollar terms, it's overshadowed by Greece's Athex (up 39%), Germany's DAX, and Japan's Nikkei 225 - with currency effects amplifying the gap as the dollar falls 7.3%.
Trade tensions are reshaping capital flows. Investors now favor domestic equities over U.S. broad-market indexes, particularly after Friday's renewed tariff threats against China. The trend exposes a paradox: an index housing six of the world's largest companies, including Disney and Coca-Cola, now draws less interest than niche overseas markets.
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