Shaoul Says Time to Start Paying Attention to Asia Stocks
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Michael Shaoul, the money manager who on Friday correctly predicted China’s decision to cut reserve requirements for lenders, thinks it’s in your best interest to stop overlooking Asian equities.
While the Standard & Poor’s 500 Index is up 2 percent so far in 2015, Japan’s Nikkei 225 Stock Average and the Hong Kong Hang Seng Index have surged more than 12 percent this year when measured in U.S. dollars.