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FSV - Wasatch International Select Fund Q2 2025 Commentary
FirstService Corporation
2025-08-11 06:23:00 ET
Overview
International equities ended the quarter with sharp gains. Initially, stocks turned lower after President Trump unveiled tariff rates that were much higher than investors had anticipated. However, equities then rebounded sharply as the President’s economic team appeared to be softening its stance on tariffs. For both the quarter and year-to-date through June 30, 2025, international equities outperformed U.S. stocks....