Mtn153

Global vs. Domestic Investment Flows: Surprising Imbalance

In my opinion, it is the "Kiss Theory" at work here. Since the markets bottomed in 2002, you didn't have to be a rocket scientist, if you were paying attention, to recognize that many markets around the world were growing at a greater rate than the U.S. markets. We can thank Reagan and the two Bush;'s for this result as they brought us GATT/NAFTA. Once the American industrialists realized that they could move their manufacturing to Latin America and the Far East, it was a stampede. Think that isn't true? Since the 2002 bottom when GATT/NAFTA really took hold, the best American index is only up about 90%. The Latin American index is up about 450%! Not exactly brain surgery is it!? So where would you put your savings? That is if you are one of the lucky ones who's job hasn't been outsources to Latin America or the Far East! Gee, does anybody think the above might effect the 2008 elections?
Mike S