Last August, in an exclusive article to Oxford Club members, I badmouthed decoupling – the theory that the rest of the world (particularly emerging economies) could somehow party on while the U.S economy endured a recession.

Times are tough. But they are not so bad that we should abandon the quest for profits, says Louis Basenese. Buying US Treasury bonds with zero yields is idiotic. Louis gives six alternative investment options with big profit potential.