In Plus episode 280 for the week of December 14, 2019, we review the performance of the global stock market over the past decade and consider the factors that led the U.S. to significantly outperform the rest of the world. Then we consider what has to happen for that outperformance to continue.
We also review the recent announcement by UBS to exchange a number of its exchange-traded notes for a new series. This includes the ETRACS Alerian MLP Index ETN (AMU). We consider the ramifications of this exchange for investors.
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