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Fed warns on U.S. Economy. Plus, the #1 China stock.

Tony Sagami | May 23, 2009

The Fed recently lowered its 2009 GDP forecast from a decline in the range of 0.5 percent to 1.3 percent, to 1.3 percent to 2 percent. Plus, it warned that it may take another 5-6 years for the U.S. to recover.

That’s the mirror image of what’s happening in China.

Best,

Tony


About Uncommon Wisdom

For more information and archived issues, visit http://www.uncommonwisdomdaily.com

Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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© 2009 by Weiss Research, Inc. All rights reserved.

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Tony Sagami is the editor of Asia Stock Alert, a monthly newsletter with a mission to help you profit from booming Asian economies with companies the Wall Street crowd ignores. One of the most experienced research analysts in the industry, Tony follows a “boots-on-the-ground” approach for getting his market insights by traveling throughout Asia. Each month, he brings members profit-packed opportunities. Plus, Tony lets you know when to buy, how much to pay, and when to lock in those profits. For more information on Asia Stock Alert, click here.

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{ 20 comments… read them below or add one }

graydon watts May 23, 2009 am31 9:18 am at 9:18 am

I could not understand the web site for the coal company you mentioned. It would help if you would say it slower or better yet, have it printed out on your report.

Reply

trevores May 23, 2009 am31 11:13 am at 11:13 am

Is the economic growth in China (powered in part by coal) going to trump the serious environmental problems there?

Reply

bruce boke May 23, 2009 am31 11:25 am at 11:25 am

If you are going to make a suggestion it would be nice if you would mention it twice during the broadcast. You kind of slur your words so its hard to understant the stock symbols and the name of the stock. Thanks, Bruce Boke

Reply

Jean Strong May 23, 2009 am31 11:26 am at 11:26 am

Sorry Tony but your voice comes in spurts and therefore doesn’t make much sense. One, two and three words each followed by 15 second pauses. Jean

Reply

Laurence Fennema May 23, 2009 pm31 2:26 pm at 2:26 pm

When I click for the video, I’m transferred to this general info page, but I can’t get a video. When I click on Related Posts, I get the same thing. No video, no article. What am I doing wrong?

Reply

Helen Coggins May 23, 2009 pm31 3:51 pm at 3:51 pm

Tony: I like your presentation but it has too much bass tone and is difficult. Please say (or send) what China coal stock you advised. I replayed and still couldn’t decipher it even though I put all my tone adjustments to tenor. I thank you and keep up the good work!

Thanks again, Helen

Reply

ron parker May 23, 2009 pm31 3:51 pm at 3:51 pm

Where are your recommended infrastructure stocks/

Reply

jack harris May 23, 2009 pm31 6:23 pm at 6:23 pm

In you video today you mentioned a china coal stock, will you e-mail the name as I missed it. Thank You.

Reply

Ron Beans May 24, 2009 am31 2:04 am at 2:04 am

I have dialup which is slow – would like to have the option of reading it instead. The video
does not work well.

Reply

Nadari Banigo May 24, 2009 am31 2:33 am at 2:33 am

Dear Tony,
Thanks for your penetrating and very instructive reports about the world economy. But for those of us in the developing world, your reports at best remains accedemics because we are unable to apply them practically to improve ourselves probably because of the differences in the fundamentals. Is it possible for you to make them more appliable to us please?
Thanks.
Nadari Banigo

Reply

Nadari Banigo May 24, 2009 am31 2:36 am at 2:36 am

PS
I am writting from Nigeria

Reply

Leslie May 24, 2009 am31 2:46 am at 2:46 am

Would you please provide me with the source for the Federal Reserve stated revisions to its forecast. I do not see these numbers in the FOMC notes from March and can not locate them elsewhere on the internet. Thank you . Leslie leslierae2@comcast.net

Reply

Nadari S. Banigo May 24, 2009 am31 2:47 am at 2:47 am

I find your reports very penetrating and instructive, thank you for all the effort you must have put to making it a reality, but you people need to assist us in the developing world to benefit from them. At best they remain very accademic for us because we cannot apply them out here.Thanks and God bless
From Nadari Banigo
Nigeria

Reply

William Skarren May 24, 2009 pm31 6:05 pm at 6:05 pm

My audio reception on this web site is not continuous and makes following the remarks very difficult. Any suggestions on improving my reception. I do not experience this on any other site

Reply

Son of Winter May 25, 2009 am31 8:47 am at 8:47 am

Is it possible to communicate with Tony Sagami

Reply

David Cresswell May 25, 2009 am31 11:58 am at 11:58 am

I am unable to load Asia STOCK ALERT or your comments from uncommon wisdom. Is this due to a fault with my PC as I expect or with yours. Thank you for making it possible to click slow speed.

Reply

Tara May 26, 2009 pm31 12:00 pm at 12:00 pm

Hi Tony,
My computer will not allow me to play videos, so am missing all of the ‘Uncommon Wisdon”
videos. Is it possible to give written versions? Also easier to see exactly what is being said.
Please print what the #1 China company is that is referred to in this issue. Thank you. Tara

Reply

BARRY May 26, 2009 pm31 2:36 pm at 2:36 pm

I WAS READING YOUR ARTICLE ON THE #1 CHINESE STOCK TO OWN AND IT SAID TO WATCH THE VIDEO TO SEE WHAT IT WAS. I CLICKED VIDEO ON THE MENU AND IT DIDNT ACTIVATE. I NEVER DID FIND OUT WHAT THE STOCK WAS.

COULDNT YOU PLEASE JUST SAY WHAT THE STOCK IS IN YOUR ARTICLE SO THERE ISNT AS MUCH RAZZLE-DAZZLE???

THANK YOU
BARRY

Reply

Ernest J Nassif May 30, 2009 am31 10:17 am at 10:17 am

Tony : Several weeks ago I decided to t Purchase Nepstar . There is a tremendous story
there and you rec. it , as a salesman myself , I could really move some of their stock.based on their story and pricing. I got blindsided on Weds. by what the market called a horible 3 month quarterly. The stock which was real cheap to start with ,all things considering ( first red flag ) plunged on weds. I am disappointed . First I dont think I can trust the Chinese to report correctly . I dont like the fact that everyone expected decent numbers and they suprised us. I dont trust
them to not manipulate their stocks. Bottom line is I will now sell Nepstar, China Advanded Construction, Puda Coal and Yanzhou Coal . Trust is important. I would rather own about 8 gold miners and etf’s and oil RSX (Russian) . Were you forwarned about Nepstars quarterly ?

Reply

RIchard Braun June 1, 2009 pm30 6:05 pm at 6:05 pm

Yanzhou Coal I am sure will be a big player going forward.But,do you really think it should be placed at the top of the list,with all the expense of making coal environmentally compatible?
Ernest J Nassif does not even want to wait to find out.You really should publish the ticker,however.
Most people cannot find the symbol.and by reading all the comments it appears few were able to understand you. Best regards,Richard.

Reply

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