For all its dominance in the fields of innovation and economy, the U.S. leaves a lot to be desired when it comes to its stock markets’ performance.
The country ranked 39th for its annualized performance, returning 7.32%, far behind Colombia which returned 36.72% and barely six notches higher than debt-ravaged Greece, which is the only one of 45 countries to experience a negative average return over a 10- year period, notes a market commentary by J. William G. Chettle, chief marketing officer, LWI Financial Inc, a wealth management firm based in San Jose, Caliofornia.
On a more positive note, the report says “companies and countries around the world will continue to create wealth and reward investors who take a diversified, global perspective.”
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Canadian businesses must think globally