Q: Just read an article in the Globe and Mail, and other articles in The Economist:
"Investors have bet heavily on the U.S. economy. That’s not a great idea", by Ian McGugan
Given the concerns about the US these days (huge and increasing debt, failure of rule of law, outsized weighting in the world stock market, unhappy bond market, declining USD), should one reduce the exposure to US Indexes in a passive indexing portfolio with a long term horizon (5-10 years)?
If so, where would be a better place right now to put this money? Europe? Gold? Cash? Other?
Thanks in advance for your opinion.
"Investors have bet heavily on the U.S. economy. That’s not a great idea", by Ian McGugan
Given the concerns about the US these days (huge and increasing debt, failure of rule of law, outsized weighting in the world stock market, unhappy bond market, declining USD), should one reduce the exposure to US Indexes in a passive indexing portfolio with a long term horizon (5-10 years)?
If so, where would be a better place right now to put this money? Europe? Gold? Cash? Other?
Thanks in advance for your opinion.
5i Research Answer:
We are less sure of further 'reducing' because of course the market has already reduced...
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