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US vs International stocks

Since the end of the #gfc the US market has outperformed the rest of the world consistently. Dovish monetary policy, a strong tech sector and buybacks pushed U.S. stocks way higher than international stocks. Is this trend sustainable? Since none of the factors mentioned before are currently present, one wonders wether the trend is about to reverse in favor of non U.S. assets. Since Europe has its own issues as well, maybe #emergingmarkets will take the baton on a relative basis. The question is if in the current hawkish environment, any risk asset can provide positive returns.


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