Global Equities Rise Despite Flat S&P 500 Performance

The Long View, institutional investor, posted on X that while the S&P 500 has remained flat year-to-date, global equities outside the United States have experienced significant gains. Japan has led the charge with a 13.8% increase, followed by Emerging Markets, which have risen by 11.3%. Contrary to some expectations, these returns have not been primarily driven by a weaker dollar.