Why U.S. stocks don’t belong in a global portfolio—now, say strategists
November 07, 2017 at 16:52 PM EST
U.S. equities enjoy such a record-setting climb within the past year that long-term expected returns look dismal compared with other assets around the globe, causing analysts at Research Affiliates to advise against including any U.S. equities in an investment portfolio—at least now.