Investors should be bullish on U.S. stocks through 2011 and trim holdings in international markets, according to Wayne Copelin, founder and president of Copelin Financial Advisors.
“We’re out of emerging markets completely—we’re out of Asia as of 3 weeks ago,” Copelin told CNBC.
Copelin said he’s lightened up on all of the BRIC* countries excluding Russia.
“Events seem to be cropping up, unrelated to each other, in different parts of the world. And we’ve had a good run...so we don’t want to be driving with a rear-view mirror,” he said.
*BRIC: Brazil, Russia, India, China
Scorecard—What He Said:
- Copelin's Previous Appearance on CNBC (Dec. 14, 2010)
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No immediate information was available for Becker or Copelin.