Investors in most countries make the mistake of measuring their returns based on their home market and their domestic currency. This might have worked when they only had access to their local investment market. But that time is long gone. Now we have a global economy and most Westerners have access to securities worldwide. Still, in for example Germany, the UK or Japan, investors measure returns in their local currency. Even more so in the US. Due to the size of the US economy and the importance of the dollar, few Americans look at investment markets or currencies in other countries. US stocks – Poor performance and overvalued Recently a reader commented that I personally have not considered the US stock market as a good place to invest and therefore missed a massive opportunity. Let me state that for many reasons the US market has not been a good place to invest. Firstly, I consider a market which is greatly overvalued as high risk and therefore best to avoid even if...
from GoldBroker.com https://www.goldbroker.com/news/gold-reveals-illusory-gains-stocks-1082
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