This week Goldman Sachs Asset Management recommended a strategic shift in equities out of U.S. stocks. There are more investors today who believe U.S. stocks are in the least fully valued. Goldman recommends investors favor Europe, Japan and emerging markets. If the Fed does move to a second rate hike sooner than the market has been anticipating, will this recommendation play out well for investors? We took a look at how European and Japanese indexes performed the past three times the Fed pulled the trigger on a second rate hike.
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