FYI: Emerging markets (EEM) are outperforming U.S. stocks this year by 12.3%. European stocks (VGK) are outperforming U.S. stocks by 8.3%. And despite the performance disparity in the first half of the year, the U.S. still owns the last decade. Over the last ten years, the S&P 500 has returned 95%. Emerging Markets are up 11% and European stocks have delivered zilch.
The chart below shows the last ten years for emerging markets; An 11% total return, a 60% drawdown, and a dozen false starts. It’s more than understandable that most investors have thrown in the towel on these stocks.
Regards,
Ted
http://theirrelevantinvestor.com/2017/07/13/a-few-charts-and-a-few-thoughts-2/
