By Martin Hutchinson
Contributing EditorMoney Morning

[Editor's Note: When Slate magazine recently set out to identify the stock-market guru who most correctly predicted the stock-market decline that accompanied the current financial crisis, the respected online publication concluded it was Martin Hutchinson, a veteran international investment banker who is one of Money Morning's top forecasters. It was no surprise to our readers: After all, Hutchinson warned investors about the evils of credit default swaps six months before the complex derivatives did in insurer American International Group Inc. Then, last fall, Hutchinson "called" the market bottom.

Now Hutchinson has developed a strategy for investors to invest their way to "Permanent Wealth" using high-yielding dividend stocks. This strategy is tailor-made for an unpredictable stock market that's backdropped by an uncertain economy. Just click here to find out about this strategy- or Hutchinson's new service, The Permanent Wealth Investor.]

India remains a …

At a price of just $2,500 each, Tata Motors Ltd.’s (TTM) Nano was billed early in its development as the world’s cheapest automobile and the only car that was both affordable and practical enough for India’s quickly burgeoning middle class. But the car that was emerging as a bright symbol of middle-class opportunity in fast-growing India could now epitomize something much darker: The human cost of rapid industrialization. Company officials this week disclosed that the Nano might not debut next month as originally planned, because violent protests have erupted at the automobile’s main production site. It’s a conflict that pits traditional Indian values against the country’s rapid industrialization. Designed to target lower-mid income brackets, the Nano will sell for one lakh (100,000 rupees), or just over $2,500 – a price that undercuts Tata’s domestic rivals by about 30%. And ...