Updating My Favorite Performance Chart For 2025

I’ve been updating my asset allocation quilt for over a decade now. Here’s the latest iteration through 2025: Some thoughts: Foreign stocks are perking up. Developed and emerging market stocks have had a tough go at it this cycle (relative to the S&P 500). 2025 was the first year since 2017 in which both asset classes outperformed the S&P 500. The 10 year returns are still lagging far behind U.S. sto...