Tuesday, October 26, 2010

Newsletter Editor Favors Hong Kong

Mark Skousen,PhD,editor of the subscription newsletter Forecasts&Strategy,is in a bullish investing mood.Dr.Skousen is fully invested now.He likes the low interest rate and low inflation environment,as well as the Federal Reserve's easy money policy.It's an opportunity to take advantage of a unique situation,in his view.
Dr.Skousen favors the iShares Hong Kong exchange-traded fund,among others.Hong Kong is the center of growth in Asia,he points out.The fund is trading at only fifteen times earnings,so he thinks it's a good buy.It also pays a 3% dividend,the economist notes.
Mark Skousen was a CIA economic analyst from 1972-75,and has taught at Columbia University.A frequent guest on business television,he started his newsletter in 1980 and has written more than 24 books.
iShares Hong Kong fund(EWH)

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