Thoughtful Money with Adam Taggart · Sunday, June 28, 2026
Louie Gave, CEO of Gavco, notes that international stock markets have outperformed the S&P 500 in both 2025 and 2026. He attributes this performance largely to the semiconductor industry, with North Asia, particularly Korea and Taiwan, seeing significant gains due to companies like Samsung Electronics, SK Hynix, and TSMC. However, other international markets, including Germany, France, and Hong Kong, have lagged.
“International stocks have, uh, outperformed the S&P or at least are outperforming the S&P so far.”
“And again, here in 2026, they also outperformed it in 2025.”
“So, Korea this year, uh, has absolutely ripped. And Korea, of course, is extremely heavy on, uh, with Samsung Electronics, SK Hynix, uh, obviously Taiwan with TSMC.”