Stock-specifics represent good buys

After another bad week on the stock markets, it is easy to get depressed. The main driver of global growth, the US, is coming to a halt and this is striking fear in the hearts of investors. Japan is also causing concern, as the Government's paralysis of inaction threatens to plunge the economy further into the deflationary black hole. Technology mania has evaporated and some companies have lost 90% of their market value from their peak. Global GDP will slow as the US economic growth grinds to a halt. But the Federal Reserve is taking a proactive stance by cutting interest rates, which w...