Bulls Bet on Indian Stocks, Despite Economic Gloom

By Dr. Stephen Leeb:Economic gloom and doom seems to dominate the news lately. And yet, the recent performance of stocks and commodities appears to be telling us a decidedly different, even sunny story. What gives?Let's fill in the blanks. First, the gloom: The World Bank just lowered its 2012 growth forecast for Asia, so it is now projecting even slower growth than we witnessed at the very depths of the 2008-09 financial crisis. As expected, the IMF followed suit a day later.

By Ed Liston: In a previous article, we discussed why American investors should be interested in Indian ADRs. One reader asked us how one could invest in an Indian stock - like the giant Reliance Industries - that does not have ADRs. This article shows how non-Indian investors can invest in the Indian stock market outside of the ADR route.

As the markets continue to defy the bears, a proper breakout could be on its way as early as next week. So watch for any pullback as a buying opportunity in these specific sectors recommended by MoneyShow.com senior editor Tom Aspray. Stocks were choppy again last week, as Euro debt concerns once again pulled the rug out from under the market early Wednesday.

Kurt Brouwer submits: This is a fascinating time for income investors because there are excellent bond fund managers who are bullish on bonds and think that interest rates are going to fall. There are others that are bearish because they believe rates are rising. Are the bulls right or are the bears correct? Keep reading for my rather surprising conclusion in the battle of the bond bulls and bears.