June 25th, 2020
Worrying virus trends, emerging pre-election nerves and a retreating dollar have seen Wall Street's S&P500 underperform other world indices over the past month in which Democrat Joe Biden has opened up an early but commanding lead over incumbent Donald Trump in opinion polls and on betting sites. Given Europe's relative success in controlling the pandemic so far and rising hopes of comprehensive post-COVID fiscal stimulus from the E.U. and its biggest economies such as Germany, many investors are starting to recommend European stocks over U.S. peers for the second half of the year - allowing some catch-up at least.
Charts by Ritvik Carvalho and commentary by Mike Dolan
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