It’s been 25 years since European stocks beat U.S. rivals this way. Deutsche Bank still prefers MEGA to MAGA. - MarketWatch
1. European stocks outperformed U.S. equities for the first time in 25 years. 2. VGK gained 13% this year while S&P 500 fell by 4%. 3. Deutsche Bank anticipates further P/E gap tightening, favoring European stocks. 4. Strategists project a potential 6% outperformance of Stoxx Europe 600 over S&P 500. 5. Political uncertainty influenced growth expectations and P/E ratios.