Sagging stock markets in continental Europe, Japan and emerging markets may end up giving the U.S. markets a boost, as investors consider reallocating their funds back to this country. “Given the turbulence we’ve had in world markets,” Larry Smith of Third Wave Global Investors told Bloomberg News, “it is time investors reassess how they are allocating funds to various regions.” In the past couple of weeks, emerging markets declined 11%, while European stocks fell 7.6%, and Japanese shares are off 7.2%. The U.S. market, meanwhile, has dropped only 4.5%. Smith said in a Bloomberg News interview that rising borrowing costs around the world will make foreign markets a little less attractive than they have been. This could lead investors back to buying U.S. stocks.