U.S. Equity Holders Get Global Diversity, Better Ret.

Since the financial crisis, the U.S. stock market has outperformed the rest of the world by a fairly wide margin, with the current ten-year return differential between the MSCI USA and MSCI World indices standing at about 3% annualized (via MSCI): Given such a disparity in returns, it has been tempting to argue that a [...]