U.S. versus non-US equities: Is the tide turning?

So far in 2025, non-U.S. stocks are leading U.S. markets. Is this the start of a seismic change or another head fake? Portfolio managers Diana Wagner and Chris Thomsen explore what's driving global markets and how investors can adapt. This episode is adapted from our September 25 webinar, "U.S. versus international equities: Is the tide turning?"

Topics include:

• Why non-U.S. markets may be poised for a comeback
• Key macro and policy trends shaping global equity markets
• How U.S. markets are broadening beyond tech
• Portfolio allocation strategies for a changing investment landscape

#CapGroupGlobal

For full disclosures go tocapitalgroup.com/global-disclosures



For our latest insights, practice management ideas and more, subscribe to Capital Ideas at getcapitalideas.com.

If you're based outside of the U.S., visit capitalgroup.com for Capital Group insights.

Watch our latest podcast, Conversations with Mike Gitlin, on YouTube: https://www.youtube.com/playlist?list=PLbKcvAV87057bIfkbTAp-dgqaLEwa9GHi

This content is published by Capital Client Group, Inc.

U.K. investors can view a glossary of technical terms here: https://www.capitalgroup.com/individual-investors/gb/en/resources/how-to-invest/glossary.html

To stay informed, follow us

LinkedIn: https://www.linkedin.com/company/capital-group/posts/?feedView=all

YouTube: https://www.youtube.com/@CapitalGroup/videos

Follow Mike Gitlin: https://www.linkedin.com/in/mikegitlin/

About Capital Group

Capital Group was established in 1931 in Los Angeles, California, with the mission to improve people's lives through successful investing. With our clients at the core of everything we do, we offer carefully researched products and services to help them achieve their financial goals.




Learn more: capitalgroup.com

Join us: capitalgroup.com/about-us/careers.html

Copyright ©2025 Capital Group