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Asian Markets , Investing , Trading

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 >>

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