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February 2023 / VIDEO

Video: A Long-Awaited Reversal

U.S. equities trailed the rest of the world in 2022, and near-term tailwinds could continue to favor international markets

After nearly a decade of outperformance, U.S. equities trailed the rest of the world in 2022, and many wonder if this shift in performance will continue in 2023. In our view, improved economic outlooks in China and Europe, coupled with a weaker U.S. dollar, may favour international markets in the near term.

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A Long-Awaited Reversal
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February 2023 / ASSET ALLOCATION STRATEGY

A Long-Awaited Reversal

A Long-Awaited Reversal

A Long-Awaited Reversal

Near-term tailwinds could favor international markets

By Tim Murray

Tim Murray Capital Markets Strategist, Multi‑Asset Division