U.S. investors looking for a cheap way to play the global recovery may want to look up north

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U.S. investors looking for a cheap way to play the global recovery may want to look up north

cnbc2021-06-23

If U.S. stocks look richly valued after a strong start to 2021, American investors may be better served by looking northward for opportunities, according to Bank of America. The bank’s chief U.S. ...

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JorgenS
·2021-06-24
Yeah
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3
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- DLiew:
  ??
  2021-06-24
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Dan94
·2021-06-24
Like and comment pls..tq
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2
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- JT1806:
  ?
  2021-06-24
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JayTan
·2021-06-24
Like and comment pls
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3
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- Dan94:
  Done
  2021-06-24
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Rozilla
·2021-06-24
Diversity
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1
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- 星期天啊:
  Haha
  2021-06-24
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Bin8
·2021-06-24
wow
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3
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- Bin8:
  yes
  2021-06-24
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Weeckee
·2021-06-24
Need to diversify to keep balance
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3
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- Bin8:
  ok
  2021-06-24
  Reply
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iSaac
·2021-06-24
Hello
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2
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- Adelrevenge:
  hi
  2021-06-24
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Benwuml
·2021-06-24
Cool
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5
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- iSaac:
  Like and comment pls
  2021-06-24
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benle
·2021-06-24
yes that’s right
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Windfall10
·2021-06-24
Post
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4
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Susubing
·2021-06-24
well done
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Wenjuan
·2021-06-24
Wow
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1
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GavinWong88
·2021-06-24
Great!
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Zoezz
·2021-06-24
[Miser]
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LimChoiPing
·2021-06-24
Hi
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Edward0102
·2021-06-24
Commented
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- GeeWeeHung:
  8
  2021-06-24
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tokming
·2021-06-24
Good
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TANKH888
·2021-06-24
Good...
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ryanoon
·2021-06-24
Nice
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Junz95
·2021-06-24
Commented
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- HMH990:
  Done
  2021-06-24
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By that gauge, the S&P 500 is trading at its richest valuation since the tech bubble of the late 1990s and early 2000s, according to Bank of America strategist Savita Subramanian.\n“We believe the discount is overdone, especially when the composition of the TSX is much better positioned to benefit from the global economic recovery, which we believe is intact,” she wrote.\n“We believe international stocks may be a better way to participate in the cyclical upswing, and Canada looks particularly attractive given its heavy exposure to cyclicals, commodities, and smaller caps, as well as its exposure to the U.S. economy that is leading the recovery,” Subramanian added.\nBank of America likes the TSX index for its greater exposure to energy and materials versus the S&P 500. 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