WHILE U.S. STOCKS STRUGGLE, THAI STOCKS SOAR

Today's message from the market: It's a bull market in Thailand.

Thailand is a small country to the south of China, rich in resources and tourist destinations. It is just one of a handful of countries that Europeans never conquered.

We're solid Thailand traders at DailyWealth. Back in 2008, Tom Dyson and I met with Thailand's brilliant pro-market minister of finance, Korn Chatikavanij in the Parliament House of Thailand. And Steve recommended the thinly traded Thai Fund (TTF) to listeners of our exclusive Off the Record conference call service just months ago. As you can see from today's chart, the fund has soared since then… up 35%.

The story behind the Thailand rally comes down to a huge trend we've been highlighting for several years: the trend of the "work hard, save money" Asian economies growing in prosperity while the "vote for handouts and taxes, pile up debt" economies of Europe and the U.S. muddle along. This is the most important economic trend in the world… and will remain so for decades.

CHART OF THE WEEK: ONE MORE "ASIA UP, THE WEST NOT SO MUCH" TREND

For our chart of the week, we're taking one more look at the huge "Asia up, the West not so much" trend that will last for decades. The chart shows the amazing strength in Thai stocks.

Thailand is another Asian country without the huge unfunded welfare programs Western Europe and the U.S. face right now. Like its neighbors Singapore and Malaysia, it's a short plane or boat ride away from the giant emerging markets of India and China. When India and China grow, Thailand grows with them.

For much of the past year, the only news coming out of Thailand has been about violent political protests. Over 80 people have died in recent demonstrations. But as you can see from this week's chart of the iShares Thailand Fund (THD), this ugly news has barely budged the uptrend in the country's stock market.

This is extraordinary strength in the face of the global market selloff… and more proof the "rise of Asia" is a key investment trend to monitor. You can read this free interview from our sister site The Daily Crux for some "boots on the ground" Thai stock picks from the legendary Dr. Marc Faber.