Emerging Markets Could Be Poised To Lead
Episode description
There's a saying on Wall Street that the market can remain irrational longer than you can remain solvent. And there’s a widely held financial theory called “Reversion to the Mean” that asserts that eventually asset classes will return to their long term average in terms of several factors including price, price/earnings multiples, and their performance relative to other asset classes like U.S. stocks.
Reversion to the mean for emerging markets stocks has been a long time coming.
This week’s guest, Michael Kass who runs Baron Emerging Markets Fund believes their time has come after a very long cycle of underperformance.
Kass will make the case for an emerging markets resurgence, especially stocks in the two largest markets, China and India.
WEALTHTRACK #1818 broadcast on October 29, 2021
More Info: https://wealthtrack.com/new-world-order-of-market-leadership/