The Long View Over the past several years, American stocks have excelled. Such performance has defied the institutional consensus. For example, in 2014, Vanguard’s 10-year market forecast predicted that non-U.S. stocks would outgain domestic equities by an annualized 2 percentage points. Grantham, Mayo, Van Otterloo expected a 5-point gap for […]
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Tuesday, Dec 5, 2023