Global Infrastructure Boom
Posted March 31, 2008
| “U.S. Steel is benefiting from three very huge, positive factors. ” — Horacio Marquez |
Baltimore – (TFN): The following was taken from the March 30 Money Morning video with Horacio Marquez, editor of The Money Map Report. Watch this video.
Horacio Marquez :
Hi. This is Horacio Marquez for the Money Map Report and the Money Map VIP Trade. Today I want to discuss the company U.S. Steel, New York Stock Exchange symbol X.
U.S. Steel is benefiting from three very huge, positive factors. Number 1, there is a global infrastructure boom that is ongoing, and infrastructure needs are being filled throughout the world, especially in emerging markets, regardless of the developments in the credit crunch that we’re experiencing in the United States.
Rather watch the financial video? Click here.
By the way, that credit crunch is well on its way of being resolved. In emerging markets, however, the growth will barely slow down, and the infrastructure boom is alive and well. To give you an idea, the investment in infrastructure in emerging markets taken as a whole has been, lately, far greater than the investment infrastructure in the U.S. and Europe combined.
In addition to that underlying global boom, U.S. Steel is benefiting from a very a low dollar in the U.S. that makes its prices very competitive internationally. And to add fuel to the fire, U.S. Steel is also benefiting because of the fact that the Chinese, in order to fight their internal inflation, have curbed steel exports to try to keep the prices of steel in China from rising too much. Therefore, do not miss on U.S. Steel.
For the Money Map Report and the Money Map VIP Trader, this is Horacio Marquez.
____________________________________________________
New Breed of “Blue-Hot” Chips to Unleash 3-for-1 Profits
Blue-Hot Chips are “bursting out of nowhere to take the world by storm” says the Economist. Returns are so big that 28 of them are set to explode onto the Fortune 500 list this year. These “safe havens for profits” are about to churn out gains of 279%, 503%, 237% and 371% in the coming months - despite all the current economic woes.
____________________________________________________
Related Articles
- None Found


TFN provides an independent and practical perspective on the U.S. and global investment markets.
Add New Comment
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Add New Comment