Keep an eye on the International Markets

Keep an eye on the International Markets – December 15, 2020

 

As we’ve mentioned in the last newsletter, we thought International Markets would outperform U.S. Markets if Biden were to win the presidency. As we type this now, since the election, the S&P 500 is up 6.5% while International Markets (as measured by IEFA) are up 11.8% and emerging markets (as measured by IEMG) are up 21.5%.

One month is not necessarily a trend, but something to keep an eye on.

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