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Nadeem
Veteran Investor
Joined: 11 Jul 2004
Posts: 639
Cash Points ££ 13955.74
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 Posted: Sun Dec 24, 2006 3:49 am Post subject: Three Markets Trumping the Dow, China, Brazil and Austrailia |
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Normally, by this time in December, I'd be with Elisabeth's family on our farm in Brazil. But this year, they've decided to come here to spend the holidays with us, and I'm glad they did. I've lived overseas for many years — two years in Japan, twelve in Brazil. I've crisscrossed Europe and Latin America. I've visited Australia and China. And I've loved every moment of it. But never in my lifetime have I been in a country that provides the same combination of opportunity, security and freedom as the United States. So for me, there's no better place to live. But for my investment dollars, it's a different story ...
Three Foreign Stock Markets Leaving the Dow in the Dust
Earlier this year, while the Dow was meandering, three foreign markets were rising.
And now, while the Dow has been rising, those three foreign markets have been surging. The facts: Since June, when the market touched a temporary bottom, the Dow is up 16.2%. But an Exchange Traded Fund (ETF) representing Australia's leading stocks is up by 26.3% in the same period. And ETFs for Brazil and China are up 46% and 53%, respectively.
Full article - http://www.marketoracle.co.uk/Article172.html |
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