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Tag Archives: India

September 2008 Issue & Supplement

As they say at McDonald’s, you deserve a break today–and now you’ve
got one, thanks to the recent sharp drop in oil prices. I won’t try to
tell you that lower fuel costs, alone, will cure the turmoil in world financial
markets. They won’t. But oil’s spill carries major implications for investors.
What are they? Who stands to benefit the most? Should you sell your oil
stocks right now–or buy more?
In this month’s visit, I’ll give you my straight-from-the-shoulder answers
to these crucial questions. Hint: While the drop in energy prices will
undoubtedly help put the U.S. and other economies back on a stronger
growth track, we aren’t going to be pumping $2 gasoline again anytime
soon. Lay your investment plans accordingly!

September 2008 Issue & Supplement

As they say at McDonald’s, you deserve a break today–and now you’ve
got one, thanks to the recent sharp drop in oil prices. I won’t try to
tell you that lower fuel costs, alone, will cure the turmoil in world financial
markets. They won’t. But oil’s spill carries major implications for investors.
What are they? Who stands to benefit the most? Should you sell your oil
stocks right now–or buy more?
In this month’s visit, I’ll give you my straight-from-the-shoulder answers
to these crucial questions. Hint: While the drop in energy prices will
undoubtedly help put the U.S. and other economies back on a stronger
growth track, we aren’t going to be pumping $2 gasoline again anytime
soon. Lay your investment plans accordingly!

April 2008 Issue

The mercury is climbing, blossoms are bursting out — so does Wall Street finally get to celebrate a springtime of its own? For eight long months now, a ferocious credit crunch, unprecedented since the Great Depression, has trapped investors in a deep freeze. Not only stocks and real estate, but even some of the (reputedly) safest bonds and money market instruments fell victim to the Arctic blast.

Happily, I’m detecting hints, here and there, of a thaw. It’s taking a lot longer than I had hoped, but we will see the end of this new Ice Age. As a balmier climate sets in, we can look forward to healthy markets again — and a return to the steady, consistent profits we enjoyed from 2003 to around mid-2007.

July 2007 Issue and Supplement

Will rising interest rates upset Wall Street’s applecart? In recent weeks, a sharp back-up in bond yields (which lifts borrowing costs for businesses and consumers alike) has given stock traders a case of the jitters. Is this the straw that will crack the bull’s spine? Or is it just another passing tremor?

I won’t keep you guessing. I don’t think this latest interest rate scare will derail the stock market’s advance for long. However, it’s also clear to me that the rate background is slowly shifting, worldwide, with major implications for stocks, bonds and a whole bunch of other investments.

In this month’s visit, I’ll show you what those implications are. Hint: It’s more crucial than ever to demand bargain prices—not just “fair” prices—for the stocks and mutual funds you buy. A value-plus-safety strategy like ours is tailor made for the new financial world we’re heading into.

Golden Alarm Bells

The gold market is giving Alan Greenspan a run for his (depreciated) money. Bullion soared to $455 an ounce in New York today, just shy of a 17-year peak. With the surge of buying we’ve seen lately from Asia (especially India), I certainly can’t rule out the possibility that the Midas metal will scale even greater heights in the days ahead.

The Late Show

Seasonal headwinds are picking up on Wall Street. We got a snappy bounce in the stock market Tuesday as traders came back in high spirits from Independence Day. (Anytime terrorists don’t strike on a national holiday, investors seem relieved.) But today, with oil prices vaulting to a new record, the market backtracked, shedding most of Tuesday’s gains.

INDIA: BUY SOME MORE

I doubled up today on my holdings of India’s ICICI Bank (NYSE: IBN). Yes, it’s a speculation. (That’s why we’re tracking the stock outside the model portfolio.) Emerging markets bounce around like a Mexican jumping bean. But if there’s any place in the world where you may be able to earn 5-for-1 or even 10-for-1 on your money in the next 10 years, it’s India — and especially the Indian banking sector.

DON'T CRY FOR INDIA

Analysts in Bombay as well as New York are moaning over the surprise victory of the Congress Party in last week’s Indian elections. Will India now backtrack on its economic reforms? Will the local stock market go down the tubes.

DON’T CRY FOR INDIA

Analysts in Bombay as well as New York are moaning over the surprise victory of the Congress Party in last week’s Indian elections. Will India now backtrack on its economic reforms? Will the local stock market go down the tubes.