What are your thoughts on a contrarian view of Foreign Investment. BRICS have had a major run up. Euro is flying high. EAFA Index at a high. Overlap that to the S and P or the Russell and one may begin to see value in US companies. Additioally cheap foreign capital has provided a great opportunity for companies to buy back stock at relative discounts. Might the simple play be to continue to invest here in the US. Seems like over the long haul it has proven to be a fairly safe strategy.
