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The world is rapidly turning flat for U.S. investors seeking outsized returns from foreign stocks.
Since Sept. 30, Latin American stocks, as measured by the iShares S&P Latin America 40(ILF Quote) exchange traded fund, are down close to 11%, while the iShares MSCI Pacific ex-Japan(EPP Quote) ETF has dropped more than 7%.
Not to be completely outdone, the iShares S&P Europe 350(IEV Quote) has sunk close to 5%. And, after rallying for much of the summer on the heels of successful political reform, the iShares MSCI Japan(EWJ Quote) has stumbled over 4.5%. ...
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