Opportunities Overseas

This from an Advisors Money Show panel discussion which included Portfolio Managers from investment companies who specialize in overseas investments...

Russia. Expect 4-5% growth here, compared to 5-10% for Brazil, India, and China. India and China stocks presently are expensive and typically pay no dividends. Many consider Russia companies to be ultimately managed by the government but in reality there is less government interference in Russia than there is in Italy and France. Russia is the world's largest commodity producer. Expect Russia to outperform it's peers.

Africa. 40% of the world's commodities originate in Africa. As Africa develops so does the demand for infrastructure and consumer goods. But not all African states are created equal, some are "failed" states and others have significant government interference in corporate governance.

China. Chinese stocks are expensive now and government interference drags on corporate policy.

Closing observations:

• U.S. stocks are anticipated to grow 4-6%.
• Overseas markets are projected to climb 6-10% but with some volatility.
• Oil prices, currently in the low-mid $80s are expected to climb back to $100 barrel.