Markets
Europe's quiet outperformance is the story nobody is writing
The DAX and CAC are ripping in silence. Here's what US investors are missing.
While everyone is arguing about the Nasdaq, European equities are up 14% year-to-date and nobody is talking about it.
The three drivers
- Energy costs normalized faster than anyone predicted.
- The ECB got out ahead of the Fed on rate expectations.
- Chinese demand for German exports has quietly returned.
This is a rotation that isn't on retail's radar. Which is exactly when you want to be in it.
#europe#dax