QUOTE (DrGUID @ Jan 16 2008, 03:36 PM)

Are you sure about Japan? I went there last October and although there was some wonderful innovation going on, the economy looked very mature to me. I guess this is reflected in their stock market pricing.
Incidentally, my SIPP's 100% in cash right now, but I can't find anything worthwhile to invest in.

well, my thinking (or the opinion of what i've bene reading in mainly moneyweek) is that after 15 years of recession, its gott o turn a corner at some point, and is the only stock market in the world thats undervalued. Its more of a long term bet, i'm only young and have time on my hands to think long term.
However, I may hold out for the time being, as I see even the Japanese stock market is feeling the global effects fo the current crisis.
I'm now thinking of going 100% commodities for the time being, mainly agriculture ones and a bit of platiunum.