When it comes to global equities, we’re seeing participation broaden in a way we haven’t seen in a long time.
Europe stands out with a growing list of countries ripping to new highs.
Just look at the German DAX and the London FTSE 350 both closing the week at their highest level in history.
If these two are ripping higher, how bad could things really be?
European banks are breaking out to their highest level since the Great Financial Crisis.
And it’s not just Europe. China’s back in gear, and even Latin America’s outperforming out of the gate this year.
Investors across the globe are embracing risk.
And if all these other countries are just starting to work, is the bull market going to end here for US equities?
Hell no.
These are the types of things you see in bull markets. Breadth is expanding internationally. It can only be a good thing.
JC will be diving into this and more in his next Mid-Monthly Conference Call for all ASC Premium members this Monday. It’ll be packed with charts and trade ideas in international equities.
