PASS THIS ALONG TO THE WHITE HOUSE

This week's chart is more of what is the most important investing trend of our lifetimes… the trend of "Asia up, the West not so much."

To recap, as long as the Western economies of the U.S. and Europe lumber around with giant parasitic high-tax nanny-state governments on their backs, expect much better economic news to come from the dynamic, lower-tax, less welfare-inclined economies of Asia. One of our favorite stories tucked inside this trend is the city-state of Singapore.

Singapore is one of the great "trophy" assets of the world. It sits at the center of the booming East Asia/Australia region. It's a major financial center. It's home to the world's largest water port. Most importantly, it's considered one of the world's easiest places to set up and do business (read about its incredible "economic freedom" score here).

While stock markets in the U.S. and Europe are struggling to make headway this year, this week's chart shows that the big Singapore investment fund (EWS) just struck a new 52-week high. Someone please forward this chart to the fools in Washington… Tell them they can keep their high taxes, their bailout boondoggles, and their wasteful stimulus spending. Give us the low-tax, earner-and-saver-friendly Singapore model. Oh… and your "Hope?" If that hope comes with your fangs in our necks and your hands in our pockets, you can keep that, too.