One of the big revelations for financial market strategists and pundits in 2014 has been the outperformance of value stocks.
This really shouldn’t be a surprise, though, as value tends to outperform growth over the long term.
For example, the Russell 1000 Value Index has returned an annualized 9.7% over the past decade, compared to the Russell 1000 Growth Index’s 8.4% annual total return.
But the rotation into value isn’t the only development we should be watching — foreign stocks have started to outperform the U.S. market, too. (more)
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