May 17, 2012

Economic Fundamentals Vary Greatly In Different Corners Of The World

With uncertainty in Europe spooking investors away from any asset perceived as risky, many Americans have become wary of overseas equities. While the fear is understandable, it may be keeping us away from some of the world's most promising economies. I believe economic fundamentals are still the ultimate driver of investment performance, but it's easy to come to the opposite conclusion given the extreme global asset correlation we are now seeing. And economic fundamentals vary greatly in different corners of the world. - in IB Times 

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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