Build a Portfolio to Capitalize on Long-Term Trends
January 24, 2017 at 06:32 AM EST
For the past eight years, investors have enjoyed the rewards of portfolios with broad U.S. equity and fixed-income exposure, but it may be time to alter that approach. U.S. equity valuations are at or near their peak—forward price-to-earnings ratios are about 20% higher than their historical...