Wednesday, April 01, 2009

WSJ: Why Asia looks strong

Blogger note: We've been buying EWH, EEM, EWM, ECH, and looking to add EWZ.

The WSJ today notes how these foreign markets are doing better than others, and possibly why.

Other fund managers say they see reasons to favor shares in the U.S. and Asia over Europe. The logic is that the massive U.S. government response to the crisis will gain traction, leading to a bounce in some of the Asian exports that fell off a cliff last year.

What is more, "Asian companies and economies have the balance sheet to survive this thing," says Stephen Auth, chief investment officer for global equities at Federated Investors, who oversees $28 billion.