The U.S. stock market has been leading the rest of the world’s stock markets. Turns out that’s a good thing. As least for U.S. stocks. To illustrate this let’s look at the results achieved from holding the S&P 500 index only when U.S. stocks are “leading”.
The indexes used are:
*S&P 500 index – measures U.S. stock performance
– measures the rest of the world