In essence, major international stocks including PBR, RIO, CHL, MT, and many others have underperformed in recent years when compared to major US stocks.
While this is disconcerting for investors who own these shares, over the long term these stocks have shown a tendency to experience brilliant outperformance at times. In my opinion, it is inevitable that they will outperform again, though no one knows when that will happen.
This could be the year for that, even if the US stock market does not rise this year.
Disclosure, I am long all of these shares.
While this is disconcerting for investors who own these shares, over the long term these stocks have shown a tendency to experience brilliant outperformance at times. In my opinion, it is inevitable that they will outperform again, though no one knows when that will happen.
This could be the year for that, even if the US stock market does not rise this year.
Disclosure, I am long all of these shares.
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