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Where to invest
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We have a real puzzle going on. The economy seems to be contracting and major companies are laying off but at the same time all the things that drive the economy, like oil, steel, coal, commodities of all types are on a tear. We have to realize that the emerging economies are consuming more and more products. But look at those economies. FXI (China), INP (India) and ILF (Latin America) are all down. We have to realize that although these economies are consuming they may not be profitable. Maybe it might be a time to shift your investing from the companies that should be making a profit to the commodities and producers of those commodities. Look at mining companies and the underling commodities themselves for near term opportunities | ||
Comments (1)
What makes you conclude the companies in the those three country ETF's aren't profitable?
Posted by Russell Krull | July 3, 2008 8:49 AM