Investing Newsletter - July 2024
Cycles of US stock outperformance and underperformance vs. International stocks are normal.
The international equity outperformance from. 2000 to 2009 was especially painful for US investors because US stocks averaged negative returns for 10 years - now known as “The Lost Decade.”
Valuation measures such as price-to-earnings ratios lead some to believe that International stocks may outperform US stocks over the coming years