09 February, 2009

Reaching a Temporary Bottom?

"Don`t forget when the news were very good in 2007 the market peaked out, so on bad news you can reach a temporary bottom and also I believe we have this tremendous downside momentum in the global economy, in other words we fell of a cliff and the news will remain bad but maybe not as bad as in the last 4 months and then the goldilocks crowd that is always around us and will never give up, no matter what, they will say “now, see, the global economy is improving so lets buy”." MARC FABER

Is it time to get onboard and buy stock markets and commodities? Only time will tell. But high dividends stocks in Asia are a strong candidate for any asset allocation.