Large-cap U.S growth stocks, particularly tech stocks have been the overwhelming winners of the last decade. They now dominate the market. The top ten S&P 500 stocks, including the FAANGs, account for more than 25% of the index’s total market value, a concentration that worries some market watchers because it is reminiscent of other market […]
Research Affiliates Founder and Chairman Rob Arnott is a financial thought leader, product innovator and global fund manager who pioneered fundamental indexation and all asset mutual funds. He shares his view of market valuations and the rotation he is already seeing in market leadership.
Research Affiliates Founder & Chairman Rob Arnott says there are bubbles galore in the market and a looming geopolitical risk with potentially catastrophic consequences.
MAKE SURE YOU ARE TRULY DIVERSIFIED Not truly diversified until you own something that makes you uncomfortable Uncomfortable usually means: unpopular, underperforming and cheap “Uncomfortable” assets today include: Value stocks Emerging markets stocks and bonds