Wednesday, April 29, 2015

Dennis Gartman: Foreign Stocks could outperform US stocks

People's Bank of China is all in for QE. The ECB is all in for QE. The Bank of England is in for QE. Our markets are likely to continue to under-perform. Money is being created abroad, money is going to continue to be created abroad for a long period of time going forward. It will find its way into their equity markets. They will continue to outperform ours. So buy them and sell us.

I think acting like a hedge fund; buying Europe, buying China, buying Japan. Selling United States and being as market neutral as one can is probably going to be and continue to be the better way to trade.