December 11, 2013 Leave a comment
Tunnel vision is a major risk for stock investors today. As discussed in a recent article, nearly every major asset class beyond the U.S. stock market has struggled in 2013 with many on course to post declines for the year. And the magnitude of stock outperformance this year at over +20% versus all other major investment categories is unprecedented in recent market history. But in our stock obsessed capital markets, investors are completely unfazed by this fact with bearishness at quarter century lows according to Investor Intelligence. One might dismiss this disconnect as simply a clear sign that the global economy is finally on the mend and set to accelerate. But looking across the various components of the global stock market itself reveals ample evidence that this rosy scenario is not likely the case.
Please click on the link to read more of my article on Seeking Alpha.
This post is for information purposes only. There are risks involved with investing including loss of principal. Gerring Wealth Management (GWM) makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made by GWM. There is no guarantee that the goals of the strategies discussed by GWM will be met.