Jim Rogers Favors Japan And Russia Over U.S. Stock ETFs [View article]
I remember a Barrons article in 2001, or thereabouts, when JR said commodities were due to a secular bull run. He was right. Cheers Jim. Now apparently he's forecasting a rebound in Japan. I agree but you don't have to speak to the gods to see that happening. Japan is a market left for dead years ago and that is the perfect recipe for a secular bull market. As to JR guru wisdom I don't think we can ever know if he was prescient or lucky. But he read history. Commodities were also left for dead sometime during the 90's.
WHR has market recognition and excellent reach in most emerging and mature markets. They have reasonable management and they play to the aspiration of progress in Asia, LA and Africa, besides the resurgence of housing in the USA. As this article explains they have good financial metrics. They have a 2% dividend yield in a world of 0% interest rates. What else you need for a long term holding?
U.S. stock futures join the global party after Congress just about averts the fiscal cliff, for now. However, "the excitement will evaporate, because the buildup does not include raising the debt ceiling or longer-term budget cuts," says GFT Markets' Fawad Razaqzada. Dow +1.95%, S&P +1.5%, Nasdaq +1.5%. [View news story]
with or without fiscal cliff and other normal political events equity markets will be the only place to be in a world of zero % rates. It will last longer than expected. Happy New Year!
Jim Rogers Favors Japan And Russia Over U.S. Stock ETFs [View article]
Bull Of The Day: Whirlpool [View article]
U.S. stock futures join the global party after Congress just about averts the fiscal cliff, for now. However, "the excitement will evaporate, because the buildup does not include raising the debt ceiling or longer-term budget cuts," says GFT Markets' Fawad Razaqzada. Dow +1.95%, S&P +1.5%, Nasdaq +1.5%. [View news story]