For many investors, the United States has been the only game in town for quite some time. However, strictly focusing on the U.S. could prove to be a long-term mistake, particularly when one region of the world is offering compelling valuations, high yields, and plenty of economic resiliency.
We’re talking about Europe.
Truth be told, European equities have had a hard go over the last few years. But that ‘left for dead’ status has made them very cheap. And with returns expectations for U.S. stocks now lower, Europe could be a true bright spot, leading to portfolio gains. With that, investors may want to consider betting big on Europe.