Foreigners are chasing U.S. stocks. Historically, that's a bad sign.
If there's a group even dumber, unfortunately, it would be foreign retail investors. And they're buying U.S. stocks like they're going out of fashion.
LNG exporter Venture Global closes $1.75 billion IPO after cutting share price
At its IPO price of $25 a share, Venture Global's market capitalization tips the scales at $60.5 billion, putting it above Cheniere Energy Inc.'s (LNG) roughly $53 billion market cap.