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Thank you very much for posting this chart after my comment :-)

I would like to add that for the people that says US had Bull market for the last 4-5 years now it's time for a Bear market, please look at this chart and tell me where is the Bull Market on US (and Japan) Equities.

Of course in a Global World we live, markets tend to be correlated but even when Asia and Europe dropped in the last months, they have much bigger acumulated profits than S&P 500 (and we don't need to look to Shangai; look to DAX, Hang Seng or CAC and it's quite impressive).

Many, many Thanks,

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