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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bond_bubble who wrote (62005)5/25/2006 5:45:08 PM
From: GST  Respond to of 110194
 
Valuable insights: <Faber reckons investors would be well advised to shift their investments to Asia, where assets are growing.>

<Families and pension funds here should have more assets in Asia than America because there is a shift of wealth and Asian currencies are strengthening against the US dollar. I would allocate at least 50 per cent of a clients' money in Asia and move it away from the US.>

<For the first time in modern history the foreign exchange reserves of Brazil, China, Russia and India are larger than those of the G7 [group of industrialised] nations, representing a fifth of the world's wealth.>



To: bond_bubble who wrote (62005)5/26/2006 7:34:57 AM
From: skinowski  Respond to of 110194
 
Families and pension funds here should have more assets in Asia than America because there is a shift of wealth and Asian currencies are strengthening against the US dollar. I would allocate at least 50 per cent of a clients' money in Asia and move it away from the US.

Sounds like a prescription for an Asian bubble... which, when it bursts, should make their money an attractive holding.