It's Time To Rebalance

The leadership of US equities in the horse race among the major asset classes is a sight to behold. By almost any yardstick, the stock market for the world's biggest economy has been and remains a dominant force of financial nature among global markets. The breadth and duration of this US-based juggernaut inspires warnings in some circles that the trend has become overextended and therefore ripe for a correction. The opposing view is that positive momentum begets positive momentum. Time will tell which side is right. Meantime, US supremacy rolls on.