FYI: While the title may suggest it, this isn't a political post geared towards Democrats who can't stand President Trump or Republicans fearing the prospect of a President Warren or Sanders. What we're talking about here is what could be early signs of a break in the nearly decade long trend of international stocks underperforming equities in the United States. The first chart below shows a long-term look at the relative strength of the MSCI Ex-US Index versus the S&P 500 going back to 1999. When the line is rising, it indicates outperformance on the part of international stocks (ROW), and when it is falling, US equities are outperforming.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/moving-abroad
