Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

has gained just 18% since 2010. Emerging markets have fared even worse this decade against the S&P 500. The iShares MSCI Emerging Market Index is up just 4% since 2010.

"Having underperformed for more than ten years, non-US stocks are set to gain the upper hand over their US peers," Peter Berezin, chief global strategist at BCA Research, said in a note. "A reacceleration in global growth, a weaker US dollar, and favorable valuations should all support non-US stocks next year."The S&P 500's price-to-earnings ratio, a widely used valuation metric on Wall Street, currently sits above 20.

Callum Thomas, head of research at Topdown Charts, notes there is a "50% valuation gap" between U.S. and international stocks. "Yes global ex-US has its problems, but are they 50% discount problems? At a certain point if the valuation gap is wide enough it kind of starts to speak for itself," he said in a note.

In Europe, manufacturing activity hit a seven-year low in October. It rebounded slightly in November but remained in contraction territory, data from IHS Markit showed.

Based on the shocks earlier this year in the repo markets and likely dollar weakness ahead, international equities will likely outperform U.S. markets

It's only that high because of the 23T in debt that was injected into the economy, huge crash incoming soon most likely very unsustainable.

wall street are traitors to the Republic, fiat money grubbing slaves to the illusion of materialism promoted by the black nobility. The Republic is the 'promised land' once you destroy it through ignorance, naivite and greed, it's gone and so is your 'high living',KofM visas?Pfft

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix 2020 investor outlook, preview: Wall Street analysts - Business InsiderNetflix will face more competition than ever in 2020. Wall Street analysts break down what to watch for from the streaming giant.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tito Ortiz Signs Handcuffs for U.S. Border Patrol Agent, Promotes Trump 2020Tito Ortiz got the ultimate rock star treatment at a U.S. Border Patrol station in Texas. For fuck sake Disgusting
Source: TMZ - 🏆 379. / 59 Read more »

Finance Executives Regained Confidence In The U.S. Economy For 2020A report released Thursday found that half of the finance experts surveyed are optimistic about the outlook, up from 42% last quarter, but a notable decrease from 79% early last year.
Source: ForbesWomen - 🏆 477. / 51 Read more »

2020 U.S. census plagued by hacking threats - Reuters TVThe U.S. Census Bureau's once-a-decade population count faces serious reliability and security problems, according to Reuters interviews with six technology professionals currently or formerly involved in the census digitization effort. Thank god, another thing to worry about. Likely a feature, not a bug. The Federal government has proven inadequate in their defense of confidential US citizen information. This is a very bad idea and will result in another fiasco unless the info is blockchained to a level unknown to date.
Source: Reuters - 🏆 2. / 97 Read more »

Brittany Howard Announces 2020 U.S. Tour DatesThe powerhouse Alabama Shakes vocalist and ascendant solo artist is touring the West Coast, Southwest and South in support of her acclaimed solo debut 'Jaime.'
Source: PasteMagazine - 🏆 392. / 55 Read more »

These stock groups can carry you through a volatile 2020, says top investorBanks, technology and some non-U.S. equities can help investors sidestep an increasingly risky market landscape in 2020, says Dave Donabedian, chief investment officer at CIBC Private Wealth Management.
Source: CNBC - 🏆 12. / 72 Read more »