According to ChainCatcher, citing Jinshi's report, the CEO of Euronext, Stéphane Boujnah, stated that from a stock market perspective, the United States is beginning to exhibit characteristics of an emerging market.
Even before Trump's potential return to the White House, capital had already started flowing towards European markets, forming an initial trend of so-called "major rotation". However, since Trump took office, this trend has evolved into a historic shift. Investors are moving away from a United States that some view as both unfamiliar and untrustworthy. Additionally, with a weakening dollar and more attractive valuations, Europe is once again becoming the focus of investor attention.
Boujnah stated: "Today, Europe is viewed as a large Switzerland. People are not fascinated by the growth prospects of European economies, but generally believe that its institutional framework is stable and predictable."
