Ken Fisher, founder, Executive Chairman and Co-Chief Investment Officer of Fisher Investments, explains why non-US stocks are outperforming US stocks in 2025. Ken believes part of the reason is that investor concerns about potential tariffs hurting the US economy have contributed to a shift of capital to non-US markets. He also highlights how improving bank lending activity outside the US is supporting European markets—especially banking and industrial sectors that benefit most from increased access to capital.
Watch as Ken explains why he expects these trends to continue to favor non-US stocks for the foreseeable future.
For more of Ken Fisher’s thoughts on the markets, visit us at
Have any feedback on this video? We would greatly appreciate if you could complete this 1-minute survey:
To learn more about Fisher Investments’ reviews of markets and financial topics, download the Fisher Market Insights Mobile App, available for iOS on the App Store ( and for Android on Google Play (
Connect with Fisher Investments on:
• Facebook –
• X –
• LinkedIn –
• Instagram –
• TikTok –
You can also follow Ken Fisher here:
• Facebook –
• X –
• LinkedIn –
• Instagram –
Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.
source