Emerging market stocks are up 16% since the beginning of June, versus a 5% rally for Europe and just 3% for the S&P 500. It’s a very short time frame and not particularly meaningful for most investors, but could it be the start of something larger?
China, Japan and most European countries have handled their pandemic responses better than the US federal government. Their economies are mostly reopened while our reopening is gradually being rolled back from coast to coast. Are stock prices around the world starting to reflect this new reality?
I talk about it in the new episode of my podcast, The Compound Show, which comes out every Friday morning. Hope you enjoy the new one while you walk, run, bike, do some yard work or lay by the pool this weekend! Ratings and reviews are very meaningful on these platforms, so please leave us one as you listen: