After two straight years of performance dominance by US equities, foreign stocks in developed markets are leading the major asset classes by a wide margin so far in 2025, based on a set of ETFs through Tuesday’s close (Feb. 18). It’s anyone’s guess if the leadership for equities ex-US continues, but at the moment the change in fortunes is a striking reshuffling of recent history.
Daily Archives: February 19, 2025
Macro Briefing: 19 February 2025
The US Housing Market Index, a survey-based measure of home builder sentiment, fell further below the neutral 50 mark in February. The index has been been below 50 since May and reflects a cautious outlook among US home builders for the near-term outlook.
