The Grass IS Greener In Foreign Fields

Even before this performance whipsaw, there was a strong argument to dial back on U.S. stock holdings and adopt a more global portfolio.  We could outline all the reasons for a potential rebound in international equities (cyclicality of leadership, lower interest rates/inflation, cheaper valuations), but that has been regurgitated ad nauseum in the media.  Instead, we wanted to take a different tact and talk about the rotation at a granular level, outlining some promising international markets that look like bargains in this new cycle.