Best Asset Classes

A cautionary note about valuations in the current market environment.  Conditions are in place today for overvalued US equities to get more overvalued.  Persistently low long term interest rates and a “highly accommodative” monetary policy encourage investors to pay more for every dol

Where are the asset class investment opportunities? The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns. Buying overvalued assets results in negative valuation returns. Non-U

Where are the asset class investment opportunities? The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative valuation returns. Non-US

Where are the asset class investment opportunities? The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative valuation returns. Non-US

Where are the asset class investment opportunities? The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative valuation returns. Non-US

  Where are the opportunities? – Effect of Valuation on Expected Returns   The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets result

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

 

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative

Where are the opportunities? – Effect of Valuation on Expected Returns The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets results in negative