Are There Now Real Alternatives To The US Equity Market?

Authored by Simon White, Bloomberg macro strategist,

The US is no longer the no-brainer investment destination it once was, and stocks in the rest of the world are setting up to be a multi-year trade. The best options will be markets that are cheaply valued, less vulnerable to foreign capital outflows, have low levels of debt, are under-owned and have undervalued currencies. There are several strong candidates.