Funds & ETFs 

Avoid US equities at your peril

Avoid US equities at your peril

High as a kite, overvalued and frothy territory could all describe the US stock market since the start of 2017, and are reasons as to why you might be wary of investing in it. The recent record performance of technology stocks propelled US markets to levels not seen since the peak of the bubble, a speculative mania fuelled by technology shares between 1997 and 2001. Each of the three main US benchmarks – the Dow Jones Industrial Average, S&P 500 and technology-focused Nasdaq Composite – climbed to record highs and show little signs of cooling.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now