Brazil is a macroeconomic and political hot mess at the moment, experiencing a deep recession and a political quagmire reaching to the Presidency. Despite this, after a horrendous performance in 2015, Brazil’s currency the real performed best in the world for the first quarter of 2016 surging over 10% against the US dollar, and both equity and debt markets rallied…
Japan represents an anomaly among the world’s economies, and while its economic characteristics haven’t changed much over the last few decades, the performance of its various asset markets has definitely gone through major gyrations. The economy is unique in that it has barely grown for decades, suffers from an aging population and poor demographics, and has had near zero inflation…
By now, many of us are experiencing a range of emotions regarding the ongoing sell-off in global stock markets. Only in rare cases does it make sense to panic and get rid of your holdings. Using my own professional and personal investment experience over the last few decades, I’ve put together a list of ten actionable items that may help.…
Two weeks ago I traveled to South Africa, in order to create a two-year economic and investment roadmap. After seven days of meetings, I returned with a bearish view for the economy both cyclically and structurally. Unlike previous visits over the past decade, I could find very few glimmers of hope. Gloom is hard to trade on, as the timeframe…
