International and Emerging Markets are Due
Over the last five plus years, since December, 2010, the total return for domestic stocks (S&P 500) has been 97.0% while international developed stocks (MSCI EAFE) has returned -2.7% and emerging markets (MSCI Emerging Market) has returned -26.4%. International stocks have been hurt by austerity, Grexit and Brexit while emerging markets have been hurt by deflation and the crash in commodity prices. This may be about to change. When a market outperforms its long term averag