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The best time to buy quality stocks is now
01-Dec-2025
Quality just suffered one of its worst relative declines ever in developed markets, lagging behind the broader market by almost 10 percentage points over the past year. So while the US-dominated global stock market averages are pricey and trading well above their historical trend, the quality corners of those markets are trading below trend. Typically, quality stocks have delivered their best returns after similar (but rare) periods of underperformance, which is why this moment feels so ripe.