Research Affiliates - Yes. It's a Bubble. So What?
Conclusion from the article: Today, in the US market, value stocks are trading at quite attractive levels, especially in comparison to growth stocks. This is even truer in international markets, and the growth–value spread in emerging markets is very near an all-time extreme. If investors significantly reduce equity allocations away from traditional market-cap exposures—especially in the United States—and into value-based smart beta strategies—especially in the “half-priced” European and emerging markets—they are likely to enjoy significant insulation against the next eventual-but-inevitable market downturn.
Submitted April 24, 2018 at 10:28AM by slimeslimeslime https://ift.tt/2JnmXZf
