in recent years, thanks to enormous technology companies. But the whole world has managed to recover pretty well from the 2020 crash.The S&P 500's outperformance isn't really a function of American exceptionalism. U.S. small caps, for instance, as measured by the Russell 2000, are significantly underperforming France and Germany, and are barely outperforming Brexit-wracked Britain.
That said, it's great news that almost everywhere has seen a reasonably healthy five-year return, given that in early 2020 global markets all plunged in the face of the deepest and sharpest recession since the 1930s.Share on facebook Share on email
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Source: CNBC - 🏆 12. / 72 Read more »