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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Herring who wrote (30083)10/3/1998 2:06:00 PM
From: Front Beach  Read Replies (1) | Respond to of 94695
 
Re: Putting money into their own markets...

Yes, many overseas markets are a better buy, vs the US or European markets,...

However, to invest anywhere...you must have faith and believe in the future..
The exact reason all this money is in US markets (other than greed) is because of faith and belief of the power and control of the US,and the total lack of faith in their own markets.
Some markets such as the Asian markets are so underpriced it looks ridiculous....Even so, the belief is that their companies are all going to go bust, and this fear will prevent the masses from investing at home for a good long time.
My feeling is that the same will now happen here..in time,...as it has before.

SP