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Pan-European Exchange CEO: US Gradually Resembling 'Emerging Market,' Europe Emerging as Destination for Funds
Summary: According to sources, Pan-European Exchange CEO Buha stated that from the perspective of the stock market, the US is beginning to exhibit characteristics of an emerging market. Even before Trump returned to the White House, funds had started flowing into European markets, forming the initial trend of a 'great rotation.' However, since Trump took office, ...
According to sources, Pan-European Exchange CEO Buha stated that from the perspective of the stock market, the US is beginning to exhibit characteristics of an emerging market. Even before Trump returned to the White House, funds had started flowing into European markets, forming the initial trend of a 'great rotation.' However, since Trump took office, this trend has evolved into a historic shift. Investors are moving away from a US that some find unfamiliar and untrustworthy. Coupled with a weakening dollar and more attractive valuations, Europe is once again becoming the focus of investor attention. Buha stated, 'Today, Europe is seen as a large Switzerland. People are not fascinated by the growth prospects of the European economy, but generally believe in its stable and predictable institutional framework.'
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Link: Pan-European Exchange CEO: US Gradually Resembling 'Emerging Market,' Europe Emerging as Destination for Funds [Copy]
