A year ago at this time, fund investors were slogging through a poor start to 2016. The average diversified U.S.-stock mutual fund was down 6.4% for the first two months. For February itself, stock funds had a 2.7% total return, according to Thomson Reuters Lipper data. U.S. vs. the worldMeanwhile, funds focused on international stocks didn’t do as well as the U.S.-stock funds for the month. “The U.S. is more richly priced versus the world than it has been since 1998,” during the dot-com boom, he says.

Source: Wall Street Journal March 06, 2017 03:12 UTC