The summary for world markets:
|Nikkei 225||Neutral (+)||Up||Up|
You can see that the developed markets are lagging the emerging markets. I think that we should load up on the emerging markets in any future correction. Investing in the USA will be a challenge since the profit from equity must be greater than the loss due to USD depreciation.
World wide equity sell off did not happen in May. Instead, it is the US treasury that sold off! You can see that I'm tracking bond, forex, commodity and equity markets worldwide. I'm trying to figure out where does the capital flow around the world. By tracking all possible markets, I believe that I can find some early clues to new investment themes.
By the way, keep an eye on the swine flu. WHO is going to declare it as pandemic without causing any panic. Will this break the uptrend?