The Globe and Mail reports in its Friday, Feb. 13, edition that the global order once led by Washington is being disrupted by President Donald Trump. A Reuters dispatch to the Post reports that financial markets are reacting, with investors seeing incentives to focus on non-U.S. equities, energy stocks, and adopting a bullish outlook on the euro and Canadian dollar. Prime Minister Mark Carney highlighted the role of "middle powers" in his January Davos speech, advocating for collaboration to counter American hegemony. Meanwhile, a plan from the European Central Bank to strengthen the euro's global role is expected at the upcoming Munich Security Conference. "Trump has isolated the U.S. from the world, but this has led to a stronger global macro picture, prompting a positive response from investors," said Principal Global Investors' Seema Shah. "This is not about sell the U.S., but about remembering that there are other opportunities outside the U.S." Principal Global is now more focused on international equities. Major equity markets and emerging markets are set for double-digit earnings growth in 2026 as a shift away from U.S. exceptionalism takes hold, said JPMorgan strategist Madison Faller.