Performance Year-To-Date {International}

We continue today our year-to-date performance review covering different parts of the market based on our own unique view of asset allocation.  Today we're taking a look at various international indices through October 4th 2017.  You can click on the chart above if you want to make it larger.  Performance chart is from Stockcharts.com, although the ETF selection is my own.  Also I believe the performance data shown above does not include dividends.  If I am correct then the total returns on these indices is actually better than what is shown above.

International has been the place to be in 2017 as it performance has clearly been better than that of the overall US indices.  Then again these markets have had anemic performance over the past decade so at a minimum a bit of catch-up was to be expected.  International still is more attractive on a valuation basis than the US but with foreign exposure usually comes heightened volatility.  Investors need to think about whether or not they can stomach the more pronounced peaks and valleys that comes with investing in this sector before they allocate assets.

Back Thursday.

*Long in client and personal accounts in some manner the indices listed above with the exception of Latin America.  Positions can change at any time without notice on this blog or via any other form of electronic communication.