Tags: Bob Doll | Investments | Outside | US | United States

Bob Doll: Look to Make Investments Outside the US

(Dollar Photo Club)

By    |   Monday, 01 May 2017 10:05 AM

Strategist Bob Doll advises savvy investors that it's time to make investments beyond U.S. equities.

"If you're fortunate enough, lucky enough, smart enough ... do some dollar cost averaging outside the U.S.," the Nuveen Asset Management chief equity strategist told CNBC.

"It's not instead of the U.S. It's in addition."

Others are more optimistic about the market's future.

Author and financial adviser Christopher Whalen tells Newsmax TV that savvy investors can still find worthwhile investments despite being bombarded with obstacles all over the market.

“We have bubbles all over the place — commercial real estate, the auto sector,” he told Sunday’s “The Income Generation Show.”

“I always tell people to invest in what they know, invest in their own businesses No. 1 but I think in terms of securities markets, there's still a lot of value there,” the chairman of Whalen Global Advisors said.

“It's just a question of doing your homework and finding stocks and bonds that represent a disruption, if you will, in the norm," said the author of "Ford Men: From Inspiration to Enterprise."

Meanwhile, David Horowitz, author of the best-selling book "Big Agenda: President Trump's Plan to Save America," also told Newsmax TV that the market rally since Republican Donald Trump won the election has more room for gains as the president pushes his pro-business agenda.

“There's more upside. Starting from when he was president-elect he started this stock market boom,” he told Sunday's “The Income Generation Show.”

“There will be corrections. There are going to be setbacks along the way like the healthcare which they hurried too fast. If you're looking over the long term of this administration I think the stock market is going to love Trump.”

The S&P 500 has risen 10 percent since the Nov. 8 election after reaching a record high in early March. The rally stalled as Republican lawmakers withdrew proposed changes to the country’s healthcare system, casting serious doubts about the growth agenda pledged by Trump, whose job approval rating keeps falling.

(Newsmax wires services contributed to this report).

© 2017 Newsmax Finance. All rights reserved.

 
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Strategist Bob Doll advises savvy investors that it's time to make investments beyond U.S. equities.
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2017-05-01
Monday, 01 May 2017 10:05 AM
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