Last message outlined why value investment guru Jeremy Grantham believes that 2005 and 2006 will be an economic black hole.
Here are the areas he suggests investing in now.
Grantham feels that there are less places to hide than in the past. He feels that bonds are not horrible but vulnerable. We must count on real estate coming down, not disastrously but a modest decline. He feels that the U.S. dollar has not seen its low and that emerging markets may actually go up in a serious decline.
He also feels that commodities will be a nice place to hide and well worth looking at.
For more details on Grantham’s thinking go to https://garyascott.com/investing/343/index.html
Tomorrow’s message looks at a structured investment that guarantees you capital and protects against a falling US dollar.
Until then, good investing.