Donald Trump’s election victory was seen as the swan song for long-struggling European assets. Investors are now betting it could actually be the opposite.
European equities have been underperforming their U.S. peers almost continuously since 2008. In recent years, the artificial-intelligence boom benefited American and Chinese technology giants, the war in Ukraine massively increased Europe’s energy costs and the pivot toward electric cars left the powerhouse German auto industry lagging behind Tesla and China’s BYD.
