Asian markets especially "India" is going to be the best buying opportunity you will see this decade.

I think Asian economies will continue growing, even if the pace slows a bit and it will be only place where global fund can get a place with at least some assured returns. With average GDP growth rate of 6% India & China throws an excellent place to park your fund.

Several of the world’s Central Banks launched a determined and coordinated attack against the widening global financial crisis by lowering short-term interest rates in unison last week.

The Federal Reserve Bank, the European Central Bank, the Bank of England, Canada, Sweden, Australia, and Switzerland all cut short-term interest rates by a half percentage point.
Across the Pacific Ocean, the People’s Bank of China, Australia, South Korea, Hong Kong, Singapore, and Taiwan cut interest rates, too.

This is the first time that central banks have moved in unison since the September 11 terrorist attacks, and I think it is just the start of global government efforts to keep the global economy from further deterioration.

Then, over this past weekend, we saw additional coordination from the U.S. and European Central Banks: The Fed, the European Central Bank, the Swiss National Bank, and the Bank of England all saying they would provide unlimited U.S. dollar funds to financial firms.

Everyone knows where this mess started. Heck, the President of the International Monetary Fund pointed his bony finger right at us, saying,

“The U.S. remains the epicenter of the financial crisis, with its housing market continuing to decline and a wider economic slowdown contributing to a further deterioration in the quality of existing loans.”


And the problem for the U.S. stock market is that at an average of 21 times earnings, American stocks are simply too richly valued for an economy about to stumble into a recession.
This is why I believe the Dow Jones could fall by several thousand more points before U.S. stocks become reasonably valued.

In contrast, I believe the recent drop in Asian markets is going to be the best buying opportunity you will see this decade.