INVESTORS LOOKING TO BOOST THEIR EXPOSURE

Tim Foley for Barron’s

“The world’s demand is going to insure that energy companies continue to collect revenue regardless of the price of oil,” says Keith Fitz-Gerald, chief investment strategist at Money Map Press and author of Fiscal Hangover. He notes China’s oil imports are growing by 12% a year, a rate that will bring its consumption up to U.S. levels in under 10 years. Among the energy/infrastructure plays he likes: Kinder Morgan Energy Partners (KMP), a distribution outfit that has major consulting contracts in China and other developing countries.

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“The past 500 years of global business history has proven only that overzealous bankers and quixotic government leaders repeatedly figure out how to fail more spectacularly. “Fiscal Hangover” provides a brilliant, spirited explanation of the origins of the current mess — and more importantly how you can cleverly turn the chaos to your advantage. It’s a must-read for investors of all skill levels who want to prepare for author’s surprising conclusion: boom times ahead, especially overseas.”
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