2008 Investing Outlook

Pres Reagan points to chart about income taxes during televised speech on his economic plan. (Chick Harrity for USN&WR)
25 Years of Growth
But will America's "superboom" survive the imploding housing market, rising oil prices, and competition abroad?
Lines for gasoline at gas stations, because of shortages during the energy crisis. (USN&WR)
Stagflation Lurks
Demand for scarce resources may dull the benefits of globalizationand lead to high inflation with little growth.
2008 Investing Guide: America's Bull Run (Celia Johnson for USN&WR)
Sifting for Gems
What do MasterCard, casinos, and hormone therapy have in common? They're fund manager Cory Gilchrist's top 2008 picks.
2008 Investing Guide: America's Bull Run (Celia Johnson for USN&WR)
The Wild Frontier Markets
Africa, the Middle East, and beyond offer impressive growth potential. And it's not just from minerals and oil.
2008 Investing Guide: America's Bull Run (Celia Johnson for USN&WR)
Innovate or Else
Six thinkers' ideas for keeping the country ahead of the economic curve. Universal healthcare and streamlining the patent process are just a couple.
Children play in front of the Shenyang Olympic Sports Center Stadium, one of the five football venues of the 2008 Beijing Olympic Games, in Shenyang, capital of northeast China's Liaoning province. (Sheng Li/Reuters)
High-Risk China
"Irrational exuberance" seems sure to ebb as low-cost labor leads to higher wages and environmental bills come due.
Passengers walk alongside the first train to leave from the Eurostar platform at St Pancras International station on November 14, 2007 in London, England. The first public train to Paris pulled out of the station at 11.03 as St Pancras International Station began its Eurostar service. (Cate Gillon/Getty Images)
Europe's Steady Growth
Stable European markets should reward investments in infrastructure and large, global companies.
2008 Investing Guide: America's Bull Run (Celia Johnson for USN&WR)
2008: A Slow Start with a Fast Finish?
The outlook for 2008 is gloomy right now, but a friendly Fed and an election year may help investors weather the storm.
Illustrations by Celia Johnson for USN≀ PHOTO CREDITS: Ronald Reagan: CHICK HARRITY FOR USN≀ Shenyang Olympic Sports Center Stadium: SHENG LI/REUTERS; Eurostar train: CATE GILLON/GETTY IMAGES
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