Wednesday, February 28, 2007

Just a correction but maybe more in the US

It is the US economy that is weak and leading everyone down, not China. Regardless they won't drag everyone down this time and even though globally stocks may correct for months (up to 30%), they are a long-term buy. I'm going to shift some more money into Brazil as their interest rates are going down enough to really get things (like consumer borrowing- banks, homebuilders) going.

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