GettyAs readers have no doubt noticed, the stock markets around the world have staged major rallies since the December lows. The upbeat in world economic activity is indeed remarkable when one considers how sodden the wet blanket of the Trade Wars has been to the fires of commerce. It is hard to overstate how promising this trifecta outlook is for the world economies, and by extension, for stocks. For a long, long time, we have believed that US stocks should be bought very carefully, with a Scrooge-like flinty eye toward solid value, an approach we’ve endeavored to double down on. Elsewhere in the world, stocks are generally much better values.

Source: Forbes April 06, 2019 20:21 UTC