My friend Meb Faber of Cambria Investments referenced these charts via Amundi in his research email list. (You can sign up here)
Several charts caught my eye — emerging markets remain attractively valued and priced; they have underperformed the US for a long time now.
My caveat about EM is that buying any will make you look foolish for many months but like a genius in a few years . . .
Valuations are attractive and widening growth differential is positive
Source: Amundi
Emerging Markets: source of return for the mid, long term
Source: Amundi
See full PDF here
