Stock-market investors dump U.S. for international equities. Is it time to join in?
By Isabel Wang Recent gains in foreign equities are more reflective of a "bear market rally" than an indication of market pricing in the next recovery: analyst Investors are taking money out of U.S. equities to add to their exposure in international stock markets, betting European and emerging markets could benefit from a weaker dollar. U.S. stocks have staged an impressive rally to start the year, with the S&P 500 index up 3.5% so far in 2023, but they still lagged behind their peers in the rest-of-world. The MSCI EAFE...