Paulsen Urges Shifting More Towards International Stocks

US investors should start considering a heavier weighting to international stocks, according to James Paulsen of Wells Capital Management. Paulson, who is chief investment strategist at Wells, says that a commodity-price rebound will benefit international stocks more than the domestic names.  “The U.S. economy is more consumer-centric compared to foreign economies,” Paulson wrote in a note to clients. According to the Bloomberg piece Paulson says, “the pendulum is due to swing against domestic shares, he wrote, as an economic growth spurt similar to those near the end of 1970s, 1980s and 1990s expansions lifts commodity prices.”