Week of February 13, 2023
Last week we suggested a tilt into international stock ETF’s. The Wall Street Journal published an article this week titled “Investors Flee U.S. Stock Funds” and too noted the interest in non-U.S. equities. The trend might have short term “legs” but it would be appropriate to monitor underlying economic and policy trends abroad to determine how sustainable the fund flows might be. No change to our Signals this week.
Bob Bilkie, CFA