EUROPE - Return to Rome

“Investors in the hydrogen sector are now focusing more on the European market due to the absolute uncertainty and planning insecurity in the USA,” Peter Roessner, CEO of Luxembourg-based hydrogen firm H2Apex, told Reuters, adding this included both local and U.S. players.

“The framework conditions in Europe are not ideal, but they are stable.”

Roessner’s comments are indicative of a trend that has taken hold in recent months: Investors and companies are increasingly turning to Europe, drawn by an infrastructure- and defense-led spending push that offers stability at a time when Trump’s erratic tariff policies have made the U.S. market a less safe bet, according to more than a dozen interviews with executives and fund managers.

Data from LSEG’s Lipper Funds show that more than $100 billion has flowed into European equity funds so far this year—up threefold from the same period last year—while outflows from the U.S. more than doubled to nearly $87 billion.

-www.reuters.com, 30 June 2025

Commentary: The author of the above excerpted article, Christoph Steitz, writes for Reuters, attaching potential warnings for the US.

While virtually all nations attempt to protect their industries, many feel that the US tariffs are excessive.

Of course, we leave these developments in the hands of the experts, who continuously occupy themselves with global economics, import and export figures, and international investment capital flows. Yet we cannot help but see that the tendencies toward Europe’s domination is unmistakably clear. The continent that has suffered under innumerable wars, literally killing each other by the millions for over two millennia, has achieved something virtually unthinkable a century ago.

Presently, the EU consists of 27 countries; a Google search reveals: “There are currently nine states recognized as candidates for membership of the European Union: Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Turkey, and Ukraine. Additionally, Kosovo is considered a potential candidate.” These nine sovereign states are applicants expressing their desire to be part of the EU.

To understand this development, one must open the Bible and read the prophecies of Daniel. In chapter 2, he interprets Nebuchadnezzar’s dream of the great image of the end times, and clearly identifies the first as Babylon. That was followed by the Medio-Persian Empire. Interestingly, we are reminded that Israel warred against Persia, as it does with today’s Iran. The third was Greece, and the fourth is the Roman Empire. Verse 40 reads: “And the fourth kingdom shall be strong as iron: forasmuch as iron breaketh in pieces and subdueth all things: and as iron that breaketh all these, shall it break in pieces and bruise.” That, of course, is a rather negative definition of this European-Roman empire. Yet We must keep in mind that under various European powers, the world was subdued—all five continents.

Is a reawakening to be expected? Daniel concludes with this statement: “Forasmuch as thou sawest that the stone was cut out of the mountain without hands, and that it brake in pieces the iron, the brass, the clay, the silver, and the gold; the great God hath made known to the king what shall come to pass hereafter: and the dream is certain, and the interpretation thereof sure” (verse 45).

The fact that global investment portfolios are leaning toward Europe seems to be a foreshadow of things to come.