Great rebalancing begins from overvalued US markets to Asia: Robeco

In April, U.S. equity markets experienced a historic plunge due to uncertainties surrounding President Donald Trump's tariff policies. As investors' risk appetites revived, the market bounced back strongly, with the S&P 500 and Nasdaq repeatedly hitting new highs. However, concerns about the U.S. market overvaluation persist, leading investors to ask: Is this our second chance to sell U.S. equities and diversify our portfolios? Joshua Crabb, head of Asia-Pacific Equities at Robeco, believes the answer is yes. At a press briefing Thursday, he said the dollar is weak and U.S. debt has reached a concerning level. Additionally, the Trump administration is attempting to impose new taxes on foreign investors. "The movement of capital has already begun," Crabb added. According to BofA Research, over the past 12 months, the Asia-Pacific region (excluding Japan) saw a capital inflow of $129.8 billion. In contrast, the U.S. recorded $42.5 billion in withdrawals. Crabb believes one of the long-term beneficiaries will be the Asian market, which has remained relatively quiet since 2010. Based on the prWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times