Adding Bullish Exposure to Europe
While the economies around the world have become increasingly interconnected — and therefore more highly correlated — there’s still very much an economic benefit to riding the short- to medium-term waves of momentum in foreign stock markets, either as a diversifier to your likely already-U.S.-heavy stock portfolio, or as a source of market-beating returns. (Remember, U.S. markets don’t outperform foreign all the time!)
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