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Stock impact report

Middle powers turn geopolitics into the next big market trade [Wealth Professional (Canada)]

Principal Financial Group Inc (PFG) 
Last principal financial group inc earnings: 4/27 04:15 pm Check Earnings Report
Investors are quietly repositioning for a world where “middle powers” – including Canada, much of Europe and parts of Asia and Latin America – matter more for returns than they did in the old US-centred order. According to Reuters , money is moving toward non-US equity markets, defence and energy stocks, and currencies such as the euro and the Canadian dollar as Washington leans into tariffs and unilateral moves and China asserts itself as the other major pole. Principal Global Investors' Seema Shah said US President Donald Trump “has separated the US from the rest of the world.” She added that this shift “has encouraged a strengthening of the rest of the global macro picture and investors are responding to that,” stressing that “this is not about sell the US, but about remembering that there are other opportunities outside the US .” The earnings and index data back that up. According to Reuters , over 73 percent of the 52 STOXX 600 firms that had reported fourth-quarter ea Show less Read more
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