"There has been a fear over the past few months that an economic slowdown in the U.S. would cause a global economic recession. In addition, the severe credit crunch and potential collapse of some big U.S. financial institutions caused some emerging markets to fall 30-50% based on their equity prices.
"We are still concerned about U.S. markets and are still positioned in a protection mode. Therefore, we will average into these emerging markets.
"Whether the worst of the slowdown/recession is behind us in the U.S. is debatable. We believe the worst of the credit crunch is behind us and the fear of a global economic recession.
"What we are left with are some booming economies with stocks that are at depressed levels. In fact, China recently stated they are still growing at 10.5% per year. By purpose, we’ve had little exposure to emerging market and now ready to allocate more to these areas.
"We will first target China & India which were among the worst hit. We are purchasing the First Trust ISE Chindia Index Fund. It’s a basket of large companies in China & India. Even after recovering some, it is still about 25% off of its highs back in October."
Editor's note:Investors in the Dallas/Fort Worth area can meet Daniel Frishberg, Toby Smith, Jon Najarian and other market seers and leading economists at the free Fort Worth Money Fair on Thursday May, 8. Also, a special VIP event with Dr. Arthur Laffer will be held the prior evening at the Modern Art Museum of Fort Worth. For more information call 800-707-3936.
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The US slowdown has created opportunity in Asia, says 
"Trying to out-guess the markets is little more than speculation," says 
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Tech sector expert 
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"The Brazilian market has rallied strongly on an unexpected investment rating upgrade; we think the rally has only just begun," says 
"Short-term, this market is prepared to go much higher," says Charles Payne. In his Wall Street Strategies, he explains why he feels 
"Despite sharp interim setbacks, the bull market in energy is far from over," says 
"The major market indices have pulled back, sector leadership remains positive and the bulk of our technical indicators remain bullish," says 
