As of January 31^st, 2020, VCUSX was underweight JPMorgan Chase & Co compared to a cap-weighted approach. VCUSX has had a 0% weighting in JPMorgan since at least January 31^st of 2016.

Should roughly 1/10^th of your international investment be in a country that represents only 2% of global GDP?

According to the trade journal IPE Real Assets, one of the largest pension funds (almost a quarter trillion dollars in assets) in America is increasing its allocation to Real Estate.

We just got the second estimate for second quarter GDP and as I pointed out in a previous piece, that data tells us nothing about the past two months. It is data with a long gap between the time period and the report about the time period.