Global Market Commentary – February 2025
2025 has been a mixed year, so far. The winners of 2023 and 2024 are not currently faring so well, with US stocks lagging behind Europe and the UK as the “Magnificent 7” technology companies decline in value.
2025 has been a mixed year, so far. The winners of 2023 and 2024 are not currently faring so well, with US stocks lagging behind Europe and the UK as the “Magnificent 7” technology companies decline in value.
The re-election of Donald Trump to the US Presidency has caused another large rise in US stocks, which were already doing very well. Indeed, his “America first” ideology is reflected in the way US stocks have outperformed others recently.
The cost of borrowing has risen sharply in the past few weeks for the UK and US governments. This has caused stock markets to pause for breath after making strong gains.