With the strong performance from many international markets this year, let’s zoom out and see how the colours on our ETF Power Rankings translate onto the global map, using the most recent coloured square on the above table.
The U.S. had been red all year but has now transitioned back to green.
Latin American stocks have also turned green.
Europe has shown strength all year but is now consolidating. Longer term, though, Europe looks fantastic as many of these markets push to new highs.
In Asia, China continues to strengthen, providing a tailwind for the rest of the region.
Overall, we’re seeing a broadening of global market participation. And for the first time in over a decade, markets outside the United States are offering some very real opportunities.