Made in America

Charles Payne  May 28, 2008 10:00 am

Made in America
 
Hope yet for homespun brands.
 

 

While it's obvious the rest of the world is getting richer - and that’s great for all of humanity - I’m very worried that Americans have given up on their country as an investment.



As a result, the country's greatest assets will be bought by overseas companies or won't be able to raise the kind of money they need to compete on the global stage. In addition, the US is on the cusp of laying out barriers to trade that include protectionism, higher taxes and negative stigmas for successful companies and industries. Things to consider:


 

1. Venerable US brands will soon be owned by foreigners including General Electric's (GE) GE appliances and Anheuser-Busch (BUD).

2. In 2007 US investors put $119.6 billion into stock funds earmarked for investments in foreign companies while taking out $61.91 billion in stock funds designed to invest in US companies according to Investment Company Institute.

3. There's a ton of value in American stocks from beaten down homebuilders like Centex (CTX) to global credit card companies like MasterCard (MA) and Visa (V).


Just two days after Memorial Day I’m asking you not to give up on America. It would be a major mistake in a number of ways including not being the smartest financial move.

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Comments (10) See All Comments »
05-29-2008, 12:44 pm
.. Looks like author Charles Payne has finally stopped pumping Bush Jr. BS 'Cheerleading' about the USA and started writing about what is REALLY happening here! As I always say, if another 'Bushie' (McCain was promising to be
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05-29-2008, 12:47 pm
Although my family and I haven't lived in St. Louis for ten years, we still feel very attached to the city. Busch is a great iconic US brand and the thought of it being owned by foreigners is almost a sacrilege. I know the stock price has be
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05-29-2008, 1:30 pm
I think the story on a BUD (or SAB/Miller) bid is, that the company is more valuable to InBev than it is to it's current shareholders. InBev is primarily looking to buy a muscular distribution channel in the US it can use to sell it's cu
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05-30-2008, 10:56 am
.. Yes, the big beer companies were gobbling up the smaller ones... they didn't really want them, they just closed them down to eliminate competition... There is also a "Budweiser" in Germany and that one and the USA one have battle
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05-30-2008, 6:50 pm
The original "budweiser" (now known as "budvar", as part of the settlement of litigation you refer to) is in Czechslovakia.


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