After two straight calendar years of red-hot performance, American shares are experiencing a run of muted results on the global stage. All the major slices of world stock markets are posting gains so far in 2025, but a notable shift from recent history is a subdued rise in US stocks vs. some its foreign competition, based on a set of ETFs through Monday’s close (Feb. 10).
Daily Archives: February 11, 2025
Macro Briefing: 11 February 2025
Trump announces 25% tariffs on all steel and aluminum imports. The US is the world’s largest importer of steel — the top three suppliers: Canada, Brazil and Mexico. The metals are key components in various industries, including transportation, construction and packaging. The levies will take effect on March 4.
