Since taking office, President Donald Trump has influenced market dynamics, leading to a notable shift in investor behavior. The Hang Seng Index has risen by 17%, while the S&P 500 has seen a decline of 9%, resulting in a loss of approximately $4 trillion in market value. This shift is attributed to Trump's trade policies, which have prompted global investors to view Chinese stocks as a safer investment option amid increasing fears of recession in the U.S. The S&P 500 has fallen by 6% since Trump's inauguration, underperforming compared to both European and Chinese markets. Analysts suggest that this trend may be temporary, but it highlights a growing preference for foreign equities as U.S. stocks face heightened volatility and uncertainty.