Mark Skousen,PhD,editor of the newsletter "Forecasts&Strategies,"describes himself as a cautious bull.There's a lot of positive news,he says,but the easy money has been made.Moody's just threatened to downgrade Treasury securities,and the tax increase threat could hurt the market into next year.
Dr.Skousen likes the iShares Hong Kong exchange-traded fund.He likes Hong Kong trade because mainland China is increasing its demand for Hong Kong products.He has been shorting the Euro for the U.S. dollar,but he doesn't think the Greek problem will hurt Asia.
Mark Skousen also likes the private equity firm American Capital,Ltd.Hedge fund magnate John Paulson bought 13% of it.Although it is in restructuring,it could double in value.American Capital,which is publicly traded,has 264 employees.It is located in Bethesda,Maryland.
Dr.Skousen is the author of several books,including "Investing In One Lesson."His newsletter is available by subscription only.
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