Outlook For Economic Growth Around The World
Posted By thestatedtruth.com on January 4, 2010
OUTLOOK FOR ECONOMIC GROWTH AROUND THE WORLD
Guild Investment
In our opinion, stock market appreciation is a function of corporate profit growth. Corporate profit growth depends upon the industry or industries in which the company operates and the growth rate of the countries in which the company operates. A summary of the markets which we believe are attractive for investment in 2010 and their estimated growth rates.
Asia Pacific (faster growing countries)
| Australia         | 3% |
| China             | 10% |
| Hong Kong    | 4% |
| India               | 7% |
| Indonesia        | 6% |
| Korea            | 5% |
| Singapore       | 6% |
| Taiwan           | 5% |
Another category is slowly growing countries where investments in exporters may be successful.
| Japan | 1% |
Japanese currency declines are good for exports. Even though the Japanese economy is slow growing.
The following countries produce commodities. Corporate profits in export and commodity related industries may exceed national economic growth.
Europe
| Norway | 2% |
Latin America
| Brazil | 5% |
| Chile | 4% |
North America
| Canada | 3% |
| Mexico | 3% |
| U.S. | 3% |
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