During a recent visit to Spain, Devan Kaloo, the global head of equities at abrdn Plc, had a clear message for clients: it’s time to diversify away from the US stock market.
![Abrdn Plc's London office serves as a hub for global equities, as Devan Kaloo advises diversifying beyond the US market. PHOTO: Iain Masterton/Alamy](https://krugmaninsights.com/wp-content/uploads/2023/10/80ef0225-66dc-4c41-a693-835469681301-1024x576.webp)
Kaloo expressed his belief that the US economy will experience a significant slowdown, along with a weaker dollar. As a result, he recommended exploring investment opportunities in