Trump! So dump your international stocks? Not so fast. The markets adjust to new information faster than you can trade on it. Since the surprise results of the election, U.S. stocks are up and international stocks are down. Are you still thinking of selling your international stocks to buy American? Then you are saying you disagree with the consensus of the world's investors because the change in prices over the last few days already reflects their collective view as to what the election results mean to stocks around the world. But if you know better, go ahead and trade.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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