Blue Magic

Meb Faber and I had a little back and forth this past week about whether or not US stocks are “special” as compared to the rest of the world – he says no they’re not special and I say yes they are. By special, I don’t mean they always outperform. I just think it’s impossible to ignore the fact that US stocks have traded at a premium valuation to the rest of the world since 1990, the yea...

source https://thereformedbroker.com/2019/01/28/blue-magic/