Santiago Ulloa Discusses International Markets with U.S. News & World Report

September 8, 2020

U.S. large-cap stocks have a long history of beating out nearly all other sectors and markets. Now, however, thanks to cheap valuations and improving foreign economies, many strategists are recommending that investors diversify their portfolios with international assets. U.S. News & World Report recently spoke with WE Family Offices Founder and Managing Partner Santiago Ulloa for insight on which international markets investors should consider and why.

One international market Ulloa believes investors should consider is Europe. While Europe’s past monetary policies were decided on a country-by-country basis, the European Union reached a historic agreement earlier last month to create a recovery fund to assist the countries most impacted by the virus. According to Ulloa, this contributes to a positive outlook for European investments.

“This was a turning point. There was a lot of noise, especially after Brexit, about whether the EU could hold on, but this bond says they’re not going to let the European Union fall,” he explains.

In addition to Europe, Ulloa says China is well-positioned for investors due to its rebound post-COVID. However, the same cannot be said for other parts of the world. For example, Ulloa recommends that investors hold off on investing in Latin America. Those markets have been devastatingly hit by the pandemic and the global recession is poised to cause more damage by denting demand for commodities, which is the backbone of most emerging-market economies.

Click here to read the entire U.S. News & World Report article.

 

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