Australia’s Business Confidence Hits a Record High: A Bullish Sign?
by Editorial Staff
Updated: June 02, 2021
For Kermit the Frog, it's not easy being green. For investors, it's not easy being a contrarian.
Why is it so hard? Well, just think back to last March-April. It seemed like the world was ending -- so, who in their right mind would stand up and say "I'm bullish!"?
Our own Asian-Pacific expert Mark Galasiewski, that's who. Last April, Mark went on a TV debate panel and made a confident bullish case for his region based on the fact that all previous disease outbreaks had marked a low in Asian stocks. And look where those stocks are today.
Speaking of today, Australia's business confidence index just hit a record high.
Watch Mark hint at the implications >>