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	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; global strategist</title>
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		<title>On the Ground in Brazil</title>
		<link>http://www.straightstocks.com/investing-lessons/on-the-ground-in-brazil/</link>
		<comments>http://www.straightstocks.com/investing-lessons/on-the-ground-in-brazil/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 06:00:00 +0000</pubDate>
		<dc:creator>Frank Holmes</dc:creator>
				<category><![CDATA[Emerging Markets]]></category>
		<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[1-800-873-8637]]></category>
		<category><![CDATA[1-800-US-FUNDS]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Brian  Hicks;]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[countryrsquo;s inadequate infrastructure]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[Frank Holmes;]]></category>
		<category><![CDATA[Frank Talk]]></category>
		<category><![CDATA[Global Resources Fund]]></category>
		<category><![CDATA[global strategist]]></category>
		<category><![CDATA[Guarulhos International Airport]]></category>
		<category><![CDATA[Jack Dzierwa]]></category>
		<category><![CDATA[leading producer]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil reserves]]></category>
		<category><![CDATA[Rio De Janeiro]]></category>
		<category><![CDATA[Satilde;o Paulorsquo;s Guarulhos International Airport]]></category>
		<category><![CDATA[U.S. Energy Information Administration]]></category>
		<category><![CDATA[U.S. Global Brokerage Inc.]]></category>
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		<description><![CDATA[If seeing is believing, natural resources and infrastructure opportunities abound in Brazil.
The above photo was snapped by our global strategist Jack Dzierwa at Satilde;o Paulorsquo;s Guarulhos International Airport as he spent hours trying to board a domestic flight to Rio de Janeiro. Not surprisingly, he didnrsquo;t make the flight.
Jack has traveled extensively around the world, and he says hersquo;s never seen anything like the hectic scene at Guarulhos, which just canrsquo;t service the rapidly growing number of Brazilians who can now afford to travel by air.
Scenes like this are important for investment managers to experience in order to grasp the significance of whatrsquo;s taking place in emerging countries like Brazil. You just canrsquo;t get the full flavor of the chaos at Guarulhos from an economic data spreadsheet or a research report.
Jack traveled to Brazil to collect some insight on the countryrsquo;s infrastructure development and the best prospects for investment. His experience at the airport gives him tacit knowledge and a clear understanding that Brazil will have to expand on its domestic infrastructure.
Brian Hicks, who co-manages our Global Resources Fund (PSPFX), has also spent the week in Brazil ndash; he has been doing research and meeting with natural resources companies.
Brazil is a key driver for natural resources and infrastructure markets. It is home to 190 million people, many of them moving into the middle class, and itrsquo;s also one of the worldrsquo;s fastest-growing economies.
Similar to China, this rise of the middle class will increase demand for oil and other commodities, and its expansion will put growing pressure on the countryrsquo;s inadequate infrastructure.
Just a couple of weeks ago, a blackout left nearly 60 million people without electricity and another 7 million without water. Traffic in downtown Satilde;o Paulo is so bad that many businessmen use helicopters as taxis to get around the city. Brazil only has three main international airports, despite that it has 14 cities with at least 1 million residents.
The U.S. Energy Information Administration estimates that Brazil has more than 12 billion barrels of proven oil reserves. That number is certain to grow as we learn more about the large discoveries recently made off its southeastern coast. In addition to vast reserves of oil, it is also a leading producer of iron ore, aluminum, platinum and other industrial metals.
This natural wealth puts Brazil in an enviable position compared to some other large emerging economies. As the domestic demand for resources increases with infrastructure expansion, much of that demand can be met from internal sources. This benefits the economy on both ends and sets the stage for further economic growth.
Please consider carefully a fundrsquo;s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. Because the Global Resources Fund concentrates its investments in a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. #09-818]]></description>
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		</item>
		<item>
		<title>On the Ground in BrazilOn the Ground in Brazil</title>
		<link>http://www.straightstocks.com/investing-lessons/on-the-ground-in-brazilon-the-ground-in-brazil/</link>
		<comments>http://www.straightstocks.com/investing-lessons/on-the-ground-in-brazilon-the-ground-in-brazil/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 06:00:00 +0000</pubDate>
		<dc:creator>Frank Holmes</dc:creator>
				<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[1-800-873-8637]]></category>
		<category><![CDATA[1-800-US-FUNDS]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Brian  Hicks;]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[city brazil]]></category>
		<category><![CDATA[countryrsquo;s inadequate infrastructure]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[Frank Holmes;]]></category>
		<category><![CDATA[Frank Talk]]></category>
		<category><![CDATA[fund]]></category>
		<category><![CDATA[Global Resources Fund]]></category>
		<category><![CDATA[global strategist]]></category>
		<category><![CDATA[Guarulhos]]></category>
		<category><![CDATA[Guarulhos International Airport]]></category>
		<category><![CDATA[inadequate infrastructure]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[infrastructure markets]]></category>
		<category><![CDATA[infrastructure opportunities]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jack]]></category>
		<category><![CDATA[Jack Dzierwa]]></category>
		<category><![CDATA[leading producer]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil reserves]]></category>
		<category><![CDATA[Paulo]]></category>
		<category><![CDATA[pspfx]]></category>
		<category><![CDATA[Read]]></category>
		<category><![CDATA[Rio De Janeiro]]></category>
		<category><![CDATA[Satilde;o Paulorsquo;s Guarulhos International Airport]]></category>
		<category><![CDATA[U S Energy]]></category>
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		<category><![CDATA[U.S. Energy Information Administration]]></category>
		<category><![CDATA[U.S. Global Brokerage Inc.]]></category>
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		<category><![CDATA[water traffic]]></category>
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		<guid isPermaLink="false">tag:www.usfunds.com://8aaec320a0168907c3381be410af6702</guid>
		<description><![CDATA[If seeing is believing, natural resources and infrastructure opportunities abound in Brazil.
The above photo was snapped by our global strategist Jack Dzierwa at Satilde;o Paulorsquo;s Guarulhos International Airport as he spent hours trying to board a domestic flight to Rio de Janeiro. Not surprisingly, he didnrsquo;t make the flight.
Jack has traveled extensively around the world, and he says hersquo;s never seen anything like the hectic scene at Guarulhos, which just canrsquo;t service the rapidly growing number of Brazilians who can now afford to travel by air.
Scenes like this are important for investment managers to experience in order to grasp the significance of whatrsquo;s taking place in emerging countries like Brazil. You just canrsquo;t get the full flavor of the chaos at Guarulhos from an economic data spreadsheet or a research report.
Jack traveled to Brazil to collect some insight on the countryrsquo;s infrastructure development and the best prospects for investment. His experience at the airport gives him tacit knowledge and a clear understanding that Brazil will have to expand on its domestic infrastructure.
Brian Hicks, who co-manages our Global Resources Fund (PSPFX), has also spent the week in Brazil ndash; he has been doing research and meeting with natural resources companies.
Brazil is a key driver for natural resources and infrastructure markets. It is home to 190 million people, many of them moving into the middle class, and itrsquo;s also one of the worldrsquo;s fastest-growing economies.
Similar to China, this rise of the middle class will increase demand for oil and other commodities, and its expansion will put growing pressure on the countryrsquo;s inadequate infrastructure.
Just a couple of weeks ago, a blackout left nearly 60 million people without electricity and another 7 million without water. Traffic in downtown Satilde;o Paulo is so bad that many businessmen use helicopters as taxis to get around the city. Brazil only has three main international airports, despite that it has 14 cities with at least 1 million residents.
The U.S. Energy Information Administration estimates that Brazil has more than 12 billion barrels of proven oil reserves. That number is certain to grow as we learn more about the large discoveries recently made off its southeastern coast. In addition to vast reserves of oil, it is also a leading producer of iron ore, aluminum, platinum and other industrial metals.
This natural wealth puts Brazil in an enviable position compared to some other large emerging economies. As the domestic demand for resources increases with infrastructure expansion, much of that demand can be met from internal sources. This benefits the economy on both ends and sets the stage for further economic growth.
Please consider carefully a fundrsquo;s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. Because the Global Resources Fund concentrates its investments in a specific industry, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. #09-818]]></description>
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		</item>
		<item>
		<title>Albert Edwards still uber bearish, calls for new lows in 2010</title>
		<link>http://www.straightstocks.com/investing-lessons/albert-edwards-still-uber-bearish-calls-for-new-lows-in-2010/</link>
		<comments>http://www.straightstocks.com/investing-lessons/albert-edwards-still-uber-bearish-calls-for-new-lows-in-2010/#comments</comments>
		<pubDate>Fri, 13 Nov 2009 07:35:43 +0000</pubDate>
		<dc:creator>Prieur du Plessis</dc:creator>
				<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Albert Edwards]]></category>
		<category><![CDATA[Analyst]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[blog writer]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Damien Hoffman]]></category>
		<category><![CDATA[Economist]]></category>
		<category><![CDATA[fund manager]]></category>
		<category><![CDATA[Fund my Mutual Fund]]></category>
		<category><![CDATA[global strategist]]></category>
		<category><![CDATA[investment postcards]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Japanese Government]]></category>
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		<category><![CDATA[media briefing]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[real estate bears]]></category>
		<category><![CDATA[SocGen’s Corporate & Investment Banking group]]></category>
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		<category><![CDATA[Sp 500]]></category>
		<category><![CDATA[TRADER]]></category>
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		<guid isPermaLink="false">http://www.investmentpostcards.com/?p=13594</guid>
		<description><![CDATA[Albert Edwards has a large following among Investment Postcards readers. This post provides an update on the latest views of our favorite bear.]]></description>
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		</item>
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		<title>Stock markets – what to do now</title>
		<link>http://www.straightstocks.com/market-commentary/stock-markets-%e2%80%93-what-to-do-now/</link>
		<comments>http://www.straightstocks.com/market-commentary/stock-markets-%e2%80%93-what-to-do-now/#comments</comments>
		<pubDate>Thu, 03 Sep 2009 08:52:23 +0000</pubDate>
		<dc:creator>Prieur du Plessis</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Adam]]></category>
		<category><![CDATA[Adam Hewison]]></category>
		<category><![CDATA[Albert Edwards]]></category>
		<category><![CDATA[Barton Biggs]]></category>
		<category><![CDATA[Charles Mackay]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[China]]></category>
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		<category><![CDATA[Doug Kass]]></category>
		<category><![CDATA[Doyle Brunson]]></category>
		<category><![CDATA[Financial Times]]></category>
		<category><![CDATA[George Soros]]></category>
		<category><![CDATA[global strategist]]></category>
		<category><![CDATA[head]]></category>
		<category><![CDATA[healthy food;]]></category>
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		<category><![CDATA[jeremy grantham]]></category>
		<category><![CDATA[Jim Cramer]]></category>
		<category><![CDATA[Jim Grant]]></category>
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		<guid isPermaLink="false">http://www.investmentpostcards.com/?p=10799</guid>
		<description><![CDATA[Risk aversion has re-entered the investment equation with risky assets such as equities and commodities bearing the brunt of the selling orders, while gold bullion, government bonds, the US dollar and the yen are attracting safe-haven money. The global stock market pullback seems to be gathering momentum, and this post discusses what one should do at this juncture.]]></description>
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		</item>
		<item>
		<title>Albert Edwards: Expect new equity lows in H2, China is global Achilles’ heel</title>
		<link>http://www.straightstocks.com/investing-in-china/albert-edwards-expect-new-equity-lows-in-h2-china-is-global-achilles%e2%80%99-heel/</link>
		<comments>http://www.straightstocks.com/investing-in-china/albert-edwards-expect-new-equity-lows-in-h2-china-is-global-achilles%e2%80%99-heel/#comments</comments>
		<pubDate>Fri, 19 Jun 2009 18:52:50 +0000</pubDate>
		<dc:creator>Prieur du Plessis</dc:creator>
				<category><![CDATA[China]]></category>
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		<category><![CDATA[emperor]]></category>
		<category><![CDATA[excellent Asian economist]]></category>
		<category><![CDATA[Glenn Maguire]]></category>
		<category><![CDATA[global strategist]]></category>
		<category><![CDATA[Global Strategy Weekly;]]></category>
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		<category><![CDATA[Thailand]]></category>
		<category><![CDATA[Tyler  Durden;]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.investmentpostcards.com/?p=7264</guid>
		<description><![CDATA["Most areas in the markets have now discounted a V-shaped recovery. Any doubt will trigger a rapid reversal in prices. I continue to be extremely sceptical and see recent events as part of a 1930s-like, long march to revulsion," said closely-followed Albert Edwards in his latest research report.]]></description>
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