You have to give them credit for not driving Humvees. |
[HOT SECTORS. As a stock-picker, he likes Japanese banks, brokerages, and insurance companies.] Financials are a good way for investors to participate in a restructured and reflated Japan, ... There's a lot of potential for growth here. Japanese consumers are one of the most underserved communities of wealthy people on the planet. |
[Mark Headley, a portfolio manager for the Matthews funds, which specialize in foreign markets, says many U.S.-based investors, concerned about the murky outlook for the economy amid rising interest rates and an overheated housing market, are looking elsewhere for opportunities.] We're seeing a healthy diversification toward overseas markets, ... Americans have ignored (foreign markets) for too long. |