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Euronext CEO: The US is gradually resembling an "emerging market" and Europe is becoming a destination for capital.
Jin10 Data, August 1 - The CEO of the pan-European exchange, Bucha, stated that, at least from the perspective of the stock market, the United States is beginning to show characteristics of emerging markets. Even before Trump returned to the White House, funds had already begun flowing into the European market, forming a preliminary trend of what is called "great rotation." However, since Trump took office, this trend has evolved into a historic transformation. Investors are moving away from a United States that some view as both unfamiliar and untrustworthy. Coupled with a weakening dollar and more attractive valuations, Europe is once again becoming the focus of investor attention. Bucha remarked, "Today, Europe is seen 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."