By Aaron Task 2019 has been a banner year for stocks, capping an incredible decade. The S&P 500 has risen 371% from its low in March 2009.
The performance is even more impressive when compared with global market averages. Over the same time frame, the MSCI World Index is up 237%, while the Vanguard FTSE Emerging Markets ETF has risen 110%.
That’s right. Despite all the concerns about our “fading” superpower status, American stocks dramatically outperformed the rest of the world in the past decade.
And they did it during a period covering both Republican and Democratic administrations amid intense political partisanship.
I believe the red, white …read more
