North America vs. the World

Igor Manukhov - May 16, 2023

Global markets continue to outperform Canada and the US. These indices deserve a spot in a diversified portfolio.

At the beginning of 2023, I noticed that international markets were starting to outperform Canada and the US. Judging by their respective relative strength lines, they continue to outperform. The red line compares global stocks to Canadian stocks and the green line compares global stocks to the US ones. The trend seems to continue. I would definitely look at that region. In my opinion, it deserves a spot in a diversified portfolio. I plan to hold it as long as it continues to outperform North American stocks.