I’ve seen Jeremy Grantham saying the US stock market looks extremely overvalued, especially with all the AI/mega cap tech and that investors should look more outside the US.
Is this a genuine warning worth adjusting for, or is it another case of smart investors being too early/bearish for years?
I’m trying not to think of panic selling, but his warnings in the past have been pretty consistent and accurate. I’m in the my early 30s and have only really invested in the S&P over the last 4 or so years so wondering whether it makes sense to reduce US concentration and add more global ex-US/emerging market exposure?
Curious what people here think!