How Europe Is Quietly Winning the Trade War

While the US-China rivalry and emerging market stress dominate headlines, European stock ETFs like VGK, EZU, and FEZ have posted steady gains in May 2026, shrugging off a strong dollar and geopolitical uncertainty. Lucas and Luna unpack what's driving the outperformance: a dovish ECB, resilient exports, and a surprising shift in global capital flows. They examine why the Euro Stoxx 50 is outpacing the S&P 500 year-to-date, and ask whether this is a tactical rally or a structural rotation back to European equities. Specific data points include the trade-weighted dollar at 119.3, the euro holding above $1.16, and the VGK ETF up 1.5% in the last five days alone. #Europe #EuropeanStocks #VGK #EZU #FEZ #ECB #TradeWar #StrongDollar #Euro #GlobalMarkets #InvestmentStrategy #Rotation #ExportEconomy #Geopolitics #Economics #FexingoBusiness #BusinessPodcast #TheGlobalEconomyPodcast Keep every episode free: buymeacoffee.com/fexingo