Stock benchmarks raced to all-time highs this week while COVID-19 continued to ravage the economy. The result? Price-to-earnings ratios we haven’t seen since the height of the dot-com bubble and eve of the Great Depression.
One widely held view says this is totally normal … interest rates this low support these stock prices.
But in today’s video I show you the giant hole in that argument … and it’s the reason the big profits are waiting for you outside the U.S. stock market.
Low Interest Rates Aren’t Enough
Watch today’s video to see the evidence that smart investors will look abroad for big returns. You’ll also discover:
- The charts that prove low interest rates don’t justify the current sky-high stock prices. (4:04-9:24)
- Why vaccine-boosted expectations of future earnings are a danger to your portfolio. (12:40-14:46)
- And where to look for the next profit opportunities. (14:46-15:51)
Click here to watch this week’s video or click the image below:
As a side note: We don’t provide transcripts for our YouTube videos. However, if you would like to see subtitles, click the “cc” button in the bottom-right corner of the video. The transcription won’t be perfect, but it should help.
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Editor, The Bauman Letter