WEST COAST DEBATE
The U.S. stock market was heavily outperformed by most emerging markets over the past ten years. The average annual return for American stocks was 0.5% between 2001 and 2011, compared with 11.4% for emerging market stocks. ... columnist and economics editor for Yahoo! Finance, 5/10/2012, “The Myth of American Decline,” HBR Ideacast ... ................
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