American investors are pumped about a new record high in the S&P 500 stock index. Meh. It’s actually not much to brag about.
South Korean stocks also hit new highs recently, and they’re up 37% so far this year. German stocks are up 28%. Mexican stocks, up 27%. The gain in Hong Kong is 20%. All foreign stocks combined are up about 15%.
The big 2025 gain American stock investors are celebrating? A paltry 5%.
Read more from columnist Rick Newman: https://finance.yahoo.com/.../foreign-stocks-are-crushing...
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