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US stocks struggle as ‘America First’ bets backfire.

European assets were predicted to suffer under Trump but are now surging and have caught up or outstripped Wall Street over the past six months. The Europe-wide Stoxx Europe 600 has jumped 8%.

Fund managers now say Trump’s Make America Great Again agenda has instead unleashed a Make Europe Great Again trade that is reordering global financial markets.

mediafaro.org/article/20250306

The Financial Times · US stocks struggle as ‘America First’ bets backfire.By Ian Smith,Harriet Clarfelt,Mari Novik,George Steer