FYI: Investors are making a mistake to ignore international markets
Pigs may not fly, but it appears as though the PIIGS are doing just that.
I am referring to the countries in Europe whose economies several years ago looked like such basket cases that they might be forced out of the European Union and/or lead to the EU’s dissolution: Portugal; Italy; Ireland; Greece, and Spain (PIIGS). Over the past 12 months, their stock markets on average have outperformed the S&P 500 SPX, +0.97% — as you can see from the accompanying chart.
Regards,
Ted
https://www.marketwatch.com/story/us-stocks-are-getting-a-run-for-the-money-from-some-unlikely-parts-of-the-world-2019-10-29/print
