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Now but one money manager says it's time.
To take baby steps now out of the roaring US markets ready Bateman is the chief investment officer of Huntington funds Randy I'm glad you're here because.
You horrible what it was appropriate to be able now you say.
That yes the US looks likely -- you don't have to jump out entirely but taking little baby steps out to where which emerging markets.
I think -- has an interesting dynamic has taken place here and as.
You think about twenty years ago we had all the emerging nations that were cutting their currency so they can sell their goods and services to the developed nations.
Now we got the exact opposite you've got all the developed nations that are cutting their currency -- -- hosts and an area Australia just last week.
Cut their currency so that they can shelves in the developing nations so it that that trend is taking place we know that the world growth.
And -- in terms of global perspective of growth is now in the hands of the emerging nations so I think.
What we're seeing is -- need to start to broaden their horizons should take some steps to to pick up some of these.
Developing nations I assure you should call and developing nations -- developed it's the growth engines of the world now that used to be United States.
-- -- -- Now some place else -- but you're not saying pull everything out of the US what is still like in the US which sectors.
Now you know one of the things that we talked to with you about in the past is -- business sector.
And part of that is is what we want to do in terms of selling overseas to those developing nations we know that they're gonna need the soft commodities.
And that's one of the strengths of this country is we've got a great -- agricultural sector.
And we think we're gonna see a lot more money flowed into the rural communities and whether that comes from -- -- our weather comes from fracking.
It's still going to be money flowing in there and they're gonna be able to spend a lot of that money in different ways then perhaps you see in the urban culture what.
Your previous picks you were last with us about march 28 was terra nitrogen.
Three tenths of a percent since depicted while what while it's it was down yesterday it's it's now posting a slight gain because it's -- really good numbers -- today it's looking better.
There's Lindsay -- well do you still like those two names.
We certainly like the whole agricultural sector actually had our analysts that -- responsible for that go back and look at what's taken place in those names and they have.
Produced a pretty compelling argument I think in that regard but we like some other names as well -- is another one -- we really like it's a company that.
Does valves and water control certainly water control is going to be important and agriculture community as it is and -- petroleum business in both those sectors seem to be pretty much booming right now -- -- up about 19%.
-- and we're looking at it a nice gain overall and so I at a north sorry Flowserve is up 30% year -- year was Lindsay that's up 19%.
Pretty -- expecting some type of frightening correction here in the US after all these records.
You know I don't think so there's there's a couple of dynamics that are taking place -- -- I think.
Individual investors that now have been reassured by the Fed did -- Fed's gonna keep rates low.
They're gonna start to dip their toes into the waters as well of the equity market to get that yield.
And does some safety so that we think that they're gonna go into the large -- stuff.
The cut of the companies that have pretty good dividend.
At the same time that the last couple weeks we've actually heard that central banks across the world are gonna start buying equities even some of the ETF so.
That adds another element of demand to the equity market.
Randy here's what people should listen to you you've got sixteen billion in assets under management you've grown along with our -- -- one of our original -- it's great to have you thank you so much we'll see an act that -- -- -- --
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