I think we can be honest, and say Europeans liked Clinton more than they like Bush. The way Clinton did business, is the way they like to do business.


So, unfortunately for a lot of retirees, our own citizens had to bid against Eurpopean investors for durable assets. Moreover, the flood of European money stimulated entrepreneurs to build more companies to compete with existing companies.


But when it comes right down to it, those European investors bought from our entrepreneurs (and their employees at the highs. And now, they're selling to our retirement investors at the lows. And they're sending the signal to unform the extra companies that reduce earnings by competing with each other.


So, in short, now the Europeans are selling US stocks. And this is a great opportunity. And, moreover it's lucky, you don't even have to think about it, because most US investors will do the right thing, by continuing to prefer domestic stocks, without even having to think about it.


eLROY