Great Chart Shows How Europe Is Punishing US Stocks

From Dan Greenhaus at BTIG, a fantastic chart that needs virtually no explanation.

The red line is the S&P 500 and the blue line is a homebrewed index of companies that are virtually all domestically based (names include Cabot Oil & Gas and United Health).

You can see how much the domestic-based companies are outperforming.

domestic

Photo: BTIG

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