US Markets: Is Diversification a Permanent Shift?
Everyone is pulling their money out of U.S. markets as they diversify away. Maybe permanently. This assertion certainly sparks some thought, doesn’t it?
One of the most immediate red flags seems to be the feeling that the U.S. market is overpriced. The value seems inflated, and when combined with a sense of uncertainty coming from the political landscape, it’s understandable why investors might look elsewhere. The removal of the head of the Bureau of Labor Statistics (BLS) for what some perceive as releasing unbiased numbers creates an environment where trust is eroded. If the data is questioned, the foundation of investment decisions crumbles, and there isn’t a good way to recover from that without creating a great deal of suspicion.… Continue reading
Matt Underwood