The U.S. has been the best house on the block. U.S. stocks have significantly outperformed international stocks since the financial crisis. But this year, for the first time in a long time, international markets are outperforming the U.S. Our lonely stock market rally is not so lonely any longer. Are we on the verge of a change in leadership? Is it time to dust off the passport in search of overseas opportunities?
Continue Reading >>The Eye of the Hurricane
The third quarter was a good one for investors, with nearly all financial markets posting solidly positive returns. Year-to-date, stocks, bonds, and real estate are all up nicely. The financial markets have shown remarkable resiliency, having bounced back from one worrisome issue after another. Whether it was the slowdown in China, the devaluation of the yuan, plummeting oil prices, concerns about an overly- aggressive Fed, or the surprise..
Continue Reading >>Everything Seems Different, but Little Has Changed
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