Navellier Growth: your source for market-beating growth stocks

 

06.23.08: Louie, I've been a subscriber for some time now and I'm very satisfied with your service. But I can't help but wonder if your being unrealistically optimistic. Inflation, oil prices, a weak dollar, and low consumer confidence – the numbers just keep getting worse and worse. How can YOU afford to be so confident?

Well, first I must say as bad as soaring commodity prices are, it is still a lot better in the U.S. than in other countries that pay more for food and energy. Although some countries like China, India and Venezuela impose price controls, restrictions cause shortages, which is why China raised steel prices 96% this week and diesel prices in the previous week. So, as bad as things are here, they are much worse elsewhere. In fact, when the U.S. gets sick, it spreads to other countries. Remember, the U.S. consumer remains the leading economic engine of the world. Second, it's impossible to resist the profit opportunities caused by high commodity prices. That's why I recommend so many copper, crude oil, natural gas, steel and food related stocks.

Q&A Archive

• Q&A on Investing the Navellier Growth Way
• Q&A on Today's Market
• Q&A on Specific Stocks