VLUE

Canadian oil and gas stocks never really recovered from the global financial crisis. They had a bounce in 2009 as the economy improved, but a surge in U.S. shale production sparked another crash in 2014.

Over the last 40 years, U.S. equities have had roughly the same P/E ratio as the rest of the world.Over the last 10, the U.S. has produced massive outperformance relative to its global peers, with valuations becoming increasingly stretched.You actually have to go back to the 1920s to find a period where U.S. stock valuations were this stretched relative to their global peers.Cambria Founder and CEO Meb Faber joins the podcast to explain why his firm's ETF line-up is particularly well suited to play the rotation to value and global equities that he believes is certainly coming.

Today we are launching Bloomberg Wealth to help you manage your finances, live your best life and navigate your path to prosperity. That sentiment may seem to sit at odds with the bleakness of this year, but we believe these volatile times make our mission more necessary.