Buy the Dip in US Stocks or Chase the Rally in Other Markets?
@Tiger_comments:
Recently, $HSI(HSI)$ and European stock markets have performed strongly, with major indices generally rising. $Global X Dax Germany ETF(DAX)$ has risen nearly 17% so far this year, French CAC 40 index is up 11.5%, and the UK FTSE 100 index has increased by nearly 9%, while the S&P 500 was down 2%. $NASDAQ(.IXIC)$ entered the correction zone yesterday.This positive performance is mainly due to increased government spending, especially in the defense sector. Despite potential impacts on the European economy from US tariffs on the EU, the European market has unexpectedly strengthened.US stock valuations are too high. While US stocks have seen recent declines, the