US Policy Changes Highlight Need for Portfolio Diversification

After a prolonged period of US outperformance, many investment portfolios have become heavily concentrated in US equities, particularly tech stocks. They are also significantly exposed to the US dollar across public, private, and alternative assets. Recent policy shifts now challenge US economic and financial hegemony, increasing the risk to equity and currency outperformance. Investors should carefully evaluate these exposures to determine if greater diversification is warranted.

Read the rest of the publication here.