The World ex-U.S. peaked in July 2014. The U.S. peaked a year later. For an entire year, the denialists were right - the U.S. HAD decoupled from reality...
World ex-U.S. (red line) with S&P (black line): 90% correlation (lower pane):
"All one market"
The Global Dow (incl. U.S.):
China-plosion with S&P 500 in the background:
Globalization doesn't have the same upside, but it has the same downside...
U.S. Dow, Emerging Markets, Shanghai, Europe, Japan, Canada, Australia, Hong Kong:
Globalization doesn't have the same upside, but it has the same downside...
U.S. Dow, Emerging Markets, Shanghai, Europe, Japan, Canada, Australia, Hong Kong:
