The Meb Faber Show · Friday, August 7, 2026
Faber points out that the valuation differential between the US stock market and the rest of the world is currently one of the widest in history. He suggests that this presents opportunities for investors willing to look beyond popular, expensive US names. The Cambria Global Value ETF (GVAL) is designed to capitalize on this by identifying undervalued stocks in global markets.
“As of 2026, the valuation differential between the US stock market and the rest of the world is that one of the widest points in history.”
“And if you're willing to go where most investors aren't looking, you might just find some excellent out-of-favor opportunities just waiting to be discovered. That's the thesis behind GVAL. Go where valuations are low, even if it's non-consensus.”