Sunday, January 25, 2015

Stock Market Leadership on a Country Basis Has Never Been Narrower

The United States stock market has been the only game in town. The US the only major developed country to have outperformed the MSCI World Index over the last year, joined only by the much smaller markets of New Zealand and Hong Kong.

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Performance of Developed Market Countries Relative to MSCI World Index in USD:
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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.