Prepare for disappointment if Europe is your alternative to investing in U.S. stocks

News Snapshot:

The most self-sacrificing way to help fight the trade war is to forego U.S. stocks. Statistics Canada says investors were reducing their holdings of U.S. stocks even before the trade war began. In recent weeks, I’ve heard from many people who either floated the idea of getting out of the U.S. stock market or had actually sold their U.S. exposure. Some investors are looking to Europe to diversify beyond the Canadian stock market, which makes some theoretical sense in that some of the world’s largest economies outside the U.S., China and Japan are located there. But here’s the problem. European...