Non-US ETFs outperform during trade war

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Non-US markets are showing resilience during this year's remarkable volatility.

While QQQ and SPY are down more than 10%, VEA (non-U.S. Developed Markets ETF) is up nearly 5%...

IEMG (tracking Emerging Markets) is negative so far, but less severe than others. Will Trump's volatile trade war lead to further outflow from the U.S. financial system?

Meanwhile, gold has been rallying to record highs as the world seeks an alternative to the dollar.

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