At current valuations on normalized earnings over the last five years, the US trades at a multiple of 19.9, International Developed markets at 15.1, and Emerging markets at 10.1. The US in relation to International Developed markets trades at a ratio of 1.33 versus an average of 0.92 since 1974. This suggests international markets are due for a catch up. Long-term investors should consider this when looking at their asset allocations.
Global View Investment Blog
Do you have the right exposure to international markets?
Global Financial Markets, Long Term Investors, Emerging Markets, Global Valuations, Economic Commentary, International Developed Markets
Sep 15th, 2015
By: Ken Moore
Written by Ken Moore
Ken’s focus is on investment strategy, research and analysis as well as financial planning strategy. Ken plays the lead role of our team identifying investments that fit the philosophy of the Global View approach. He is a strict adherent to Margin of Safety investment principles and has a strong belief in the power of business cycles. On a personal note, Ken was born in 1964 in Lexington Virginia, has been married since 1991. Immediately before locating to Greenville in 1997, Ken lived in New York City.