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The Tell: International stocks outperform, decouple from U.S. equities by ‘unusual degree’

International stocks are broadly outperforming this quarter, decoupling from the U.S. to an unusual extent, according to DataTrek Research. 

“Non-US stocks have decoupled from domestic equities by a statistically unusual degree over the last 50 days,” said Nicholas Colas, co-founder of DataTrek, in a note Tuesday. This together with their outperformance may bode well for flows into international stocks heading into the second quarter, according to the note.


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