adventure62

Invest Globally, Not Just Locally

I agree with Mr. Sethia but let me point out few things about US corporations. Everyone has seen the failure of several companies
TYCO, WCOM,.....A good number of US corporate management is only interested getting their stock options and inflating the short term stock values. Very few companies have management that is not looking at personal financial greed. There is a severe corporate governance and ethics issue in corporate America. Until these isues are fixed, American companies will loose out to better managed foreign companies. Subprime issue shows the fickle and corporate greed of American financial institutions. If one takes all these variables of corporate America and compares the foreign markets, US market is equally risky. Manufacturing has gone from America and that means loss of R&D and other work. US companies will not be able to survive very long if they continue to focus on short term stock manupulation. Just look at the pay package of CEOs. It says a lot about companies !