From Bryce Coward, CFA: As our regular readers are aware, we’ve been pounding the table all year arguing that foreign stocks are in a position to structurally outperform domestic stocks. At the risk of sounding like a broken record, we thought we would — in one post — review the setup that makes foreign equities relatively attractive at this juncture.
1) US stocks have outperformed foreign stocks almost continually since 2008 – nothing lasts forever