Rich and Co.

“Socialist” Country’s Stockmarkets Outperform

with one comment

You don’t and won’t hear much about this one in the American business press. And you don’t even want to look at truly socialist Sweden’s stock returns, which have outpaced even France’s.

“The authors cut off the stock chart at 2006 because that coincides with the tax data they were studying. Since then, the U.S. stock market has done a little less worse than French stocks. And it seems as if the researchers just used index averages and not dividends in their calculations, which could change the (while I can’t seem to find historical data on French dividend yields, I’d guess they’re at least comparable to American ones).

But the point is, the ascent of laissez-faire economic policies in the U.S. during the first quarter century following the Reagan Revolution wasn’t enough to outdo French stocks, which faced the heavy hand of government.”  Link to full article


Written by Rich and Co.

June 21, 2011 at 11:46 pm

One Response

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  1. It matters less where your headquarters is and more where you do business. Most revenue of the S&P 500 companies comes from overseas operations, and often they don’t repatriate the money to legally avoid taxes.

    Steinberg Financial

    June 22, 2011 at 12:54 am

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