Think about ready nearly FOUR DECADES for US shares to outperform. Loopy proper?
That was 1952-1989.
Should you return to the 1800s, overseas shares outperformed the USA for 60 years at one level.
What if the outperformance lasted yr after yr? Attempt to think about 5 or 6 years in a row?! Might by no means occur, proper? It actually occurred about 20 years in the past, lol, and in addition within the Nineteen Eighties.
Traders usually are likely to extrapolate from the latest previous, with US shares outperforming overseas markets in 12 of the final 15 years. With vital overseas outperformance this yr, is the “Bear Market in Diversification” ending?