04/23/2026
International equities began the year with strong momentum, but the escalation of the conflict in the Middle East has introduced uncertainty and paused their outperformance relative to U.S. stocks. While volatility is likely to remain elevated in the near term, we believe international equities can reassert their value once energy prices begin to normalize.
Senior Global Strategist Angelo Kourkafas explains in our monthly international market focus.
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