The rally in Chinese stocks is leading investors to predict that mainland shares will outperform American peers due to attractive valuations, with the MSCI China index gaining 19% since the start of the year. This contrasts with the S&P 500 slipping into correction territory for the first time since 2023, as U.S. concerns grow over Trump’s tariffs policy and recession fears impacting tech-heavy Nasdaq Composite. Richard Harris of Port Shelter Investment Management describes this shift as the “great pivot,” signaling a potential change in market dominance away from American exceptionalism towards a recovering Chinese economy driven by optimism in artificial intelligence capabilities.
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Donald Trump claims Israel and Iran have agreed ceasefire
Donald Trump Announces Ceasefire Agreement Between Israel and IranDonald Trump has claimed that Israel and Iran have reached a ceasefire agreement to end their conflict within 24 hours, with Iran initiating the truce, followed by Israel. He praised both nations for their decision, emphasizing the importance of this resolution in preventing further destruction in the Middle East, although there has been no official confirmation from either country. Need More Context? 🔎
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