"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception."
- George Soros
If you were forwarded this email from a friend and are interested in receiving the MarketMinder Weekly Digest, sign up here.
MarketMinder provides a one-stop source for critical and unique financial information, helping individuals stay current, think ahead, and become better investors. MarketMinder is operated by the 50+ person research staff of Fisher Investments, a multi-billion dollar independent money management firm.
Dec. 31, 2010 MarketMinder Weekly Digest
In this issue, you will find a re-cap of this week's commentary and news highlights.


Winter Credit Thaw, 12/31/2010
US bank lending to smaller and medium-sized firms is on the rise.

Cutting the Cord, 12/29/2010
China cut rare earth export quotas again, but the reduction does not appear particularly spiteful.

Indian Infrastructure, 12/28/2010
China continued tightening economic policy Monday. But Chinese growth should continue even as other Emerging Markets increasingly realize their potential.

The Many Gifts of Capitalism, 12/24/2010
This holiday season, we'd like to say thanks to corporate America for gifts given all year--and their gifts are the kind that keep on giving.

> Click here for more cover stories


  Column of the Week


In Depth: The Eurozone in Perspective, 12/29/2010
By Akash Patel, Fisher Investments
The recent highly publicized struggles of the euro notwithstanding, a euro collapse remains unlikely in the next two years.

> Click here for more columns



Sensible Stories:

Fear of China's Missiles (and Money) Is Overblown, 12/30/2010
By Rana Foroohar, Time
MarketMinder's View: China has inarguably become an important player in global political and economic discussions and decisions. But it's important to keep in mind they still have a long way to go--nearly any way you slice it.

Crash Points, 12/30/2010
By R.A., The Economist
MarketMinder's View: The housing market continues to recover despite recent distortions created by the tax credit. While unlikely to lead the way, housing's improved health is nonetheless a positive sign that recovery continues across economic sectors.

US Stocks Rise, Extending Biggest December Rally Since 1991, 12/29/2010
By Elizabeth Stanton, Bloomberg
MarketMinder's View: US and global stocks are firmly in positive territory for 2010.

> Click here for more news stories
Market Misperceptions:

Investors Look Back on a Decade of Grim Stock Returns
, 12/30/2010
By John Waggoner, USA TODAY
MarketMinder's View: Yes, the period from 2001-2010 has been a volatile one for the markets--as have many other 10-year periods throughout history. But one could just as easily find many 10-year periods where stocks have done very well. Unless you only plan to invest for 10 years beginning the first year of a new decade, analyses such as these seem fairly meaningless and overblown.

A Short Cut for the Undecided Investor, 12/30/2010
By David Prosser, The Independent
MarketMinder's View: Such indicators as the "rule of 20" are overly simplistic and misleading in implying a direct cause-and-effect relationship between their movement and that of the market.

Eight Contrarian Signs That Call a 2011 Stock Rally Into Doubt, 12/27/2010
By Charles Hugh Smith, Daily Finance
MarketMinder's View: Some of the indicators on this list are dubious at best (like sentiment indicators and oil prices). But individually or collectively, these eight signs likely won't halt the recovery.

> Click here for more news stories

Fisher Investments | 13100 Skyline Boulevard | Woodside, CA 94062
To unsubscribe from the MarketMinder Weekly Digest, click here
To view our Privacy Policy, click here
To view Important Disclaimers, click here
This message has been sent consistent with the provisions of the CAN-SPAM Act.
Any investment program in securities may be volatile and can involve the loss of principal.
No assurances can be given as to the accuracy of market predictions.
Copyright 2010 Fisher Investments. All rights reserved.