What is the Right Weighting to US Stocks?

Morningstar Investment Management's Emma Morgan says that US equity prices are not yet attractive despite the recent falls

Emma Morgan 6 February, 2019 | 12:26PM

Wall Street, New York

At Morningstar Investment Management, we are fond of reminding investors that the US 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 US market, uncertain how long the good times might keep rolling.

However, our growing voice on the overpriced nature of US 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 US stocks?

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About Author

Emma Morgan  is a Portfolio Manager for Morningstar Investment Management EMEA

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