hello and welcome back to the six charts
of Christmas today let's take a look at
how the stock market here in the US is
doing compared to the rest of the world
and you can see it's a quite remarkable
story ever since the great financial
crisis which of course started here in
New York we have seen a huge out
performance of the rest of the world by
the US now there are no secrets why
that's been the Federal Reserve is made
life much easier for American companies
the dollar has strengthened and the US
economy in general has been stronger but
you have to ask how much longer that
will continue with a stronger dollar
that makes the International earnings of
S&P 500 companies that weaker it helps
flatter the earnings of foreign
companies also it will tend to constrict
the US economy at home with people
expecting the Federal Reserve is going
to tighten this year while other big
central banks won't that should mean
that the US economy will perform
generally worse finally of course other
countries have taken longer to emerge
from the great recession that followed
the crisis there has to be a good chance
that they will at least start to correct
that markets have a momentum it's quite
possible that the US Great
outperformance can continue a bit longer
but it's hard to see how it can continue