Europe’s Economy Showing Solid Improvement
Since we began our investing careers, we’ve had the concept of diversification drilled into our heads. Some refer to it as the only free lunch in investing. Well, when it comes to geography, that advice hasn’t been helpful for some time (you could say the same about value-style investing). Staying close to home and favoring the United States won’t always be the best move, but for now, we think it still is—as we discuss here. "If developed international market equities are going to outperform, we’re probably getting close to the point in time where we start to see it," says Jeff Buchbinder, CFA, Equity Strategist, LPL Financial. Read more.