If you’ve missed out on the investing overseas boom, the question is, is it too late? And a better question might be — is the best contrarian play to go longer on local stocks?
You know, we’ve been harping about home for income and overseas for growth in this Report for a few years but with overseas stock markets in record territories, is it time to believe that our market will play catch up?
I think between now and mid-2018 the US market has upside potential because, as I pointed out last week, the past three big bull markets saw the S&P 500 index go up between 350% to over 500%. The US market is up about 220% since it beat the nerves from the GFC recession.