Ted Parrish from Henssler just said that the US is the best place to invest. He said the commodities and emerging markets are overvalued. He said there are more negatives abroad than in the US. The US markets are the cheapest and offer the best returns over the next 3-5 years.
He could be right about all of it I suppose. I would ask Ted if he has ever been correct about foreign markets outperforming domestic markets. I would listen more to his opinion if it was not perpetually the same no matter what was going on in the world.
Do I have this wrong?
Wikinvest Wire
3 comments:
Even a broken clock is right twice a day. My take is that people generally develop a personal theory and stick to it, right or wrong. Their theory usually involves an outcome beneficial to them. (i.e. I belive the housing bubble will crash, partly because of fundamentals and partly because I don't own a home, but want to.)
Is there any link or site I can go to get his analysis?
And where did you hear this?
RR
It was a segment on Closing Bell on CNBC.
Post a Comment