Navigating through troubled waters

investing for growth

The markets have been understandably unnerved by recent events in Madrid, the conflict in Iraq and global fears of terrorism. But for patient investors with an eye for a good deal, there are still growth investment stories to be found

The winds of terror blew through the markets in late March, with concerns about the Madrid bombing and Israel's assassination of Hamas leader Sheikh Ahmed Yassin weighing heavily on sentiment. But unlike 9/11, when the market was poised for a fall, the underlying conditions do not look so grim this time around. After 9/11, we saw a fairly sharp bear market shakeout, followed by a rapid correction starting in early 2003. The bullish sentiment that prevailed during that correction helped some of the blue chips that had fallen hardest before. However, since the Madrid tragedy, when index v...