>>
>>Nice summary.
>
>Thx - but I have no clear picture as to where to jump for personal investing.
>One of the surer things is inflation going to rise, but bargains and even good prices
>for housing disappeared (our prices where not inflated to a degree similar to US data).
>[makes you wonder if this won't be hailed as a smart bailout, as even currently idoitic
>prices mostly mortaged might become not too far out in the US <vbg>]
>
>I see myself upgrading/renovating, but getting new objects is much more difficult here -
>too many having the same idea. Shifting some money to dividend-heavy stocks and
>waiting for the next sizable dip in the stock market seem to be not enough.
>Shifting more to emerging markets, but these are far away and shakeups do happen.
>
>Not firm enough in biotechnology and not smart enough to pick the right small
>company getting the most out of gov subsidies which are rampant for alternative energy.
>
>Any special hints to watch other areas / trends ?
>

Good investments in the short term? What is German for "under the mattress"? ;-)