The U.S. - Nicest House On The Block

2025-01-21 14:05:00 ET

Summary

• Since winning the election a little over two and a half months ago, the S&P 500 has risen 5.42% through today.
• Canada's gains may come as somewhat of a surprise, as the newly inaugurated administration has put the country at the center of tariff talks alongside the neighbor to the south, Mexico.
• While EWC has risen, Mexico has been much weaker, with a 6.5% decline since the election.

President Trump's second term has officially begun. Since winning the election a little over two and a half months ago, the S&P 500 (SPY) has risen 5.42% through today. Using country ETFs, that outpaces each of the 21 other major global economies that we track in our Global Macro Dashboard. For the most part, these country ETFs have largely fallen since the US election, with the two largest declines coming out of South Africa (EZA) and Brazil (EWZ)....

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