6 Picks for Global Investors


Jim Jubak Image Jim Jubak Founder and Editor, JubakPicks.com

As we wait to see how the messes in Europe, China, and the US turn out, it’s time to turn our attention to Australia, Canada, Latin America, and elsewhere, writes MoneyShow’s Jim Jubak, also of Jubak’s Picks.

So what’s happening everywhere else in the world?

Eyeballs are glued to the European debt crisis.

Investors are sifting through every data dump from the Federal Reserve, the Bureau of Labor, and corporate earnings in the hope of figuring out if the US economy is slowing—and if so, how quickly.

China’s momentum mavens are busy calculating how close the Chinese economy might be to a bottom, and the odds that each piece of bad news might be the one that leads to the next round of stimulus from the People’s Bank of China.

But what about the rest of the world? Which stock markets and which stocks should investors be watching—and maybe putting some money into—outside Europe, the United States, or China?

Investing somewhere besides the markets that are in the headlines assumes that you believe that none of the current crop of potential bad news rises to the level of catastrophe. If one of the world’s big economies and financial markets goes down hard, it’s likely to take down everything.

If China hits a hard landing—a drop to 5% growth and increased social unrest—it’s unlikely that you’ll find safety, let alone profits, in any of the world’s other financial markets.