Tag: BRIC NationsSort
In October of last year we looked at a column in the NY Times by the Oracle of Omaha himself, Warren Buffett. Months ago in 2008 Warren Buffett was a buyer of American companies such as Goldman Sachs, General Electric, and Conoco Phillips. However, more recently he has begun distancing himself from American companies in the near term.
7 Ways To Profit From China’s Massive Stimulus Plan
Whether you agree with them or not, the bailout programs will keep on coming. Keith Fitz-Gerald looks at the key impact these will have on the dollar, commodities and global stocks. He says we could be in line for a market rebound by mid-2009, and suggests six ways to prepare your portfolio now.
5 Ways To Profit From China’s $585 Billion Stimulus Plan
The jury is still out on whether China’s massive infrastructure-based stimulus package is the best way to rescue the economy. But Martin Hutchinson says it is great news for suppliers of raw materials. He picks 5 companies that will benefit from the injection of cash. Of those, Martin says Brazil’s iron ore producer Vale (ADR: RIO) is the best value buy.
Keith Fitz-Gerald says the recession that is now inevitable in the US and Eurozone will not necessarily evolve into a worldwide contraction. US influence in the global economy is waning, while China’s is growing rapidly. Keith says countries with high cash reserves and low external debt should bounce back strongest in the long term.
China’s economy is slowing. But the country is still investing heavily in the future says Irwin Greenstein. He says the post-Olympic malaise will soon be replaced with massive construction and infrastructure projects that will last decades. Irwin thinks these are the trends that long-term investors cannot afford to ignore.