Dear CIGAs,
WE LIKE THE WAY MANY WORLD MARKETS LOOK
We are sending a message of optimism about many markets.  We are optimistic about Asian stocks in Indonesia, Korea, Malaysia, Singapore, and Thailand.   We are also optimistic about commodity producing stocks in countries such as Canada, Australia, and Brazil.  U.S. export companies including those in technology, shipping [...]

THE GLOBAL BANKING CRISIS CONTINUES…
STAGE 2: EUROPEAN SOVEREIGN DEBT UNDER ATTACK
Taken together, the Icelandic and Greek financial crises can be seen as the second stage of the larger global banking crisis.  The first stage of the global banking crisis, which began in late 2007, was centered in the European and U.S. mortgage and mortgage derivative [...]

“He who asks is a fool for five minutes, but he who does not ask remains a fool forever.” -Chinese Proverb
DEBT LEVELS IN G-7 COUNTRIES
We continue to be positive on Asia.  One of the major reasons we currently favor Asia is the fact that public debt in the G-7 nations (U.S., Britain, [...]

WORLD MARKETS DANCE TO CHINA’S TUNE… AND THEY ARE MISTAKING A MODEST SLOWDOWN IN TEMPO FOR A CALL TO STOP THE MUSIC
World markets are frightened that the fastest growing economy in the world will slow too rapidly. Thus, when China tried to slow real estate speculation with a series of actions over the last three [...]

Dear CIGAs,
THE OBAMA ADMINISTRATION APPEARS TO BE GETTING PANICKY
This week the Democrats lost a key senatorial seat in Massachusetts, a state that has long been a liberal stronghold.  The loss of this supposedly safe seat stunned Washington and put the Democrats on edge.  In response, they’re doing what any left wing populist administration that’s frightened [...]