[Saline9515]

There is a recency bias here. The Sp500 has outperformed the Stoxx600 every year for the last 5 years, except 2022.

Cumulative returns are around 100% for the american index, vs 60% for the EU one.

[simongray]

Maybe the momentum of Stoxx600 will last the next 4 years? Or maybe the S&P500 will come crashing down soon? Who knows.

The Shiller PE ratio is insanely high. At least the European market isn't completely overinvested in just 7 companies who are spending a lot of their money on the exact same thing, so it has that going for it.