Weaker U.S. Stocks Are Coming... What's Next for Global Markets?
International stocks have been underperforming U.S. stocks for roughly 10 years now. And it looks like that will remain the case heading into the end of 2023. How long will investors be able to get away with overallocating in U.S. stocks? Will 2024 be another year of ignored global markets? Those are the questions Matt tackles on this episode of Making Money With Matt McCall with the help of his longtime friend Meb Faber. Most investors are extremely underweight emerging markets right now due to the outperformance of U.S. stocks. But just like any stock market cycle, this trend will eventually end. There will be years in which U.S. stocks underperform. According to Meb, that could be sooner rather than later. He shares various numbers and valuations to prove his point. And while regular readers know Matt remains bullish on the market – especially U.S. stocks – he has to agree with Meb's analysis. ➡️ Watch Here
From "Making Money with Matt McCall"
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