Foreign shareholders own as much US stock as during the tech bubble.

Utländska investerares allokering i amerikanska aktier är för närvarande lika extrem som den var på toppen av teknikbubblan.

Foreign investors’ allocation to US equities is currently as extreme as it was at the peak of the tech bubble.

Similar to what we experienced back then, the gradual unwinding of crowded sectors such as technology will unleash another big growth for value rotation in markets.

Long overlooked segments such as emerging markets, natural resource companies and overall value-driven stocks are poised to emerge as significant winners in the next decade.

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