Quote:
Originally posted by Wayne at Pelican Parts
I'm increasing my percentage of Intl mutual funds.
-Wayne
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How interesting...on Wednesday nights PBS Business Report had an Analysts from one of the big investment houses talking about Foreign Equitys, and that they over the past several years have done quiet well. People have been putting money into them, because the US Stock Markets have been lackluster in its performance, and the Foreign equities offered a decent return by comparison. The Analysts feeling was that money was going to start going into the US Equitys market, from and at the expense of those Foreign Equitys, because the US Equities market is underpriced and represents good value.
Its quiet clear that the action is going to be in US Equitys for the next few years.