Yesterday I released this article on performance of the US stock market in October and the year to date. This commentary expands the analysis to cover the rest of the world, as shown in the following graph.
The US led the world and every country through September 2018, earning 10% versus the 1% loss in the rest of the world.
In October, two regions outperformed the US’s 7% loss. Latin America earned a positive 0.5% return and Emerging Markets lost 4%. As a whole, foreign markets lost about the same as the US in October.
Updating through the 10 months ending October, the US 3% return outshines every country and the foreign market as a whole, which has lost 7%. Unlike the US where growth stocks have been in favor, growth stocks have been out of favor in the rest of the world.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: I am a sub-advisor of the SMART TDF Index and the originator of the 1st and only Robo Analyst that integrates Age with Risk. Please visit my Blog at seekingalpha.com/...
Age Sage builds better asset allocation models that help Baby Boomers transition through the Risk Zone that spans the 5-10 years before and after retirement. Implementation of these models can be done for less than 6 basis points. Boomers are poised for a sucker punch that they’ll never shake off.