US stocks with overseas exposure best option in current environment

Of late, the US market has generated negative newsflow, with the hitherto unfamiliar term sub-prime ...

Of late, the US market has generated negative newsflow, with the hitherto unfamiliar term sub-prime having gained special currency beyond US shores, and not without good reason. Ben Bernanke, chairman of the Federal Reserve, has suggested that losses from the sub-prime market could hit US$100 billion. Some firms have already flagged up the potential financial impact of problems resulting from sub-prime exposure, with concerns about the whereabouts of the more toxic sub-prime paper contributing to recent volatility in global equity markets. While there have been questions about the curren...