The debt of developed foreign countries is looking more and more attractive lately as the FED continues its rate slashing bonanza in an effort to revive a dying U.S. economy. Inflation adjusted yields on U.S. based Treasuries are near the floor. Fixed income investors might be better suited to consider investments across the big pond, not only for greater yield but better diversification.

It’s not unusual to hear prognostications of doom and gloom when the markets are in disarray, as they have been for several months now. A front page article on the Wall Street Journal this past week would indicate that stocks might be in store for a ten year lull, in other words, dead flat performance. If you read the headline alone (“Stocks Tarnished by Lost Decade: U.S.