FYI: (This is a follow-up article.)
American stock investors can’t get enough of the securities that offer some of the worst value for money, both geographically and historically.
U.S. stocks have never been so expensive, aside from two brief periods before some of the biggest market crashes in history. This hasn’t hurt their popularity among U.S. investors, which tend to hold more domestic equities in their portfolio than investors elsewhere, according to a recent white paper by Vanguard.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-07-26/advisers-battle-u-s-investors-home-bias-as-valuations-soar
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