What is the right weighting to U.S. stocks?

U.S. equities still look overpriced, and their weighting and positioning in portfolios have much to consider, Morningstar portfolio manager Emma Morgan writes

Emma Morgan 4 February, 2019 | 6:00PM

At Morningstar Investment Management, we are fond of reminding investors that the U.S. equity market has enjoyed a bull run that had lasted longer than nine and a half years. For nearly two of those past years, our investment team has cast a wary eye at the U.S. market, uncertain how long the good times might keep rolling.

However, our growing voice on the overpriced nature of U.S. stocks may have led to misunderstanding about our views on this unique asset class. So, to address the issue, we'd like to take a step back and consider a broader question: What's the right weighting to U.S. stocks?

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

About Author

Emma Morgan

Emma Morgan  na

© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies