|
"Flaming enthusiasm, backed by horse sense and persistence, is the quality that most frequently makes for success."
-Dale Carnegie |
Fall Insights Newsletter 
| Insights - Fall 2009 |
|
Looking toward recovery? Keep an eye on fundamentalsThe turmoil that has gripped the financial markets has affected virtually every sector. However, market downturns don’t last forever, and it’s important that you be positioned to make the most of a recovery when it occurs and to benefit from the early stages of any upswing. But which sectors will lead the way as conditions improve? A look at market fundamentals can help identify areas that could be in the forefront. For instance, global trends point to a leading role for commodities stocks, such as oil, base metals, and materials, as global economies recover. An economic rebound in China and even a slow recovery in the U.S. could increase demand and boost commodity prices, which fell steeply in 2008. Consider that car sales in China rose by 48% year-over-year in June 2009, spurred by government tax incentives. This is boosting the already rapidly expanding demand for gasoline. With much global growth expected to come from emerging market economies, multinationals that export to the rising middle classes of the world may do well.
|
