This post provides links to some interesting articles I have read over the past few days that you may also enjoy.

• Martin Wolf (Financial Times): It is in Beijing’s interests to lend Geithner a hand, June 10, 2009. If China wants its claims on the US to be safe, it must facilitate an adjustment in the global balance of payments. If it and other surplus countries wish to run huge surpluses and accumulate vast financial claims, they should expect defaults.

• Gordon Chang (Forbes.com): Geithner in Beijing, June 5, 2009. The US has more leverage with China than it thinks.

• Mark Gongloff (Wall Street Journal): Land mines pockmark road to recovery, June 9, 2009. The stock market has erased almost all its losses for the year, yields on long-term government debt have returned to something like normal, and

Corporate Takeovers: “Once-In-A-Lifetime” Investment Opportunities

by Alexander Green, Oxford Club Investment Director

Despite efforts by the Treasury Department and the Federal Reserve to thaw the credit markets, normal lending remains hamstrung.

This is a both a significant problem and an enormous opportunity.

The problem, of course, is that if manufacturers can’t borrow to buy from suppliers, and wholesalers can’t borrow to buy from manufacturers, and retailers can’t borrow to buy from wholesalers, then consumers can’t get auto loans, credit cards, and mortgages.

The economy faces a serious headwind.

The companies in the toughest position, however, are those that are highly leveraged. Even though interest rates have fallen substantially, they aren’t able to access the credit markets (at reasonable rates) or increase their bank lines to get the liquidity they need.

And therein lies an enormous opportunity for investors like you and me - profiting from corporate takeovers.

Corporate Takeovers - Solid Companies

AXYS is a electronics-military systems stock that manufactures optical, motion control, and camera systems for defense, aerospace, and homeland security markets. With government contracts under the company’s belt you can be sure that the future looks bright with this stock.

This bright future can be reflected in the fundamentals of the past, present, and future expectations. EPS growth the past seven quarters has been 14%, 33%, 36%, 50%, 80%, 69%, and 109%. Sales growth has been 15%, 36%, 34%, 42%, 59%, 40%, and 43% during that same time. This kind of current growth along with full year earnings estimates growth of 81% and 17% this year and next bodes well for the stock.

Other top financial standouts on this stock include no debt to shareholder equity, a 10% return on equity, a 14% EPS growth rate, a strong cash flow of $1.72 a share, and management still owns 19% of the outstanding …

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Look Who's Talkin'

You've heard it all before. But for the uninitiated, we're providing a link to our own Matt Hougan, who was grilled by reporter Trang Ho for this Q&A appearing in Investor's Business Daily on Tuesday.

Hougan comes through, providing what IU.com readers have become accustomed to -- unblinking analysis and fiercely independent commentary on everything relating to ETFs.

You can see