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US equities trounce Eurozone equities





The top chart compares the level of the S&P 500 to the level of its Eurozone counterpart, the Euro Stoxx index, while the bottom chart shows the ratio of the two. U.S. equities have massively outperformed Eurozone equities over the past five years—by over 60%. This could be likened to the price that the Eurozone is paying for its debt-financed bloated government spending.

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