The Global Guru: So Where Are the World’s Wealthy Putting Their Money Today?
As Ernest Hemingway famously wrote in The Snows of Kilimanjaro: “The rich are different from you and me. They have more money.” As it turns out, the rich also invest differently as well. The Financial Times recently reported that property | Read More »
The Global Guru: I Bet You Can’t Guess the #1 Stock Market of 2013
More than 30 years after the fall of Saigon, the word “Vietnam” still evokes one of the most shameful chapters in recent American history. Yet with the Market Vectors Vietnam ETF (VNM), a recent recommendation in my Bull Market Alert trading service, up 29.28% year to date, U.S. investors are giving Vietnam a second look in 2013.
The Global Guru: How to Make Money from the ‘Big Mac Index’
If you are an average American, you probably don’t give much thought to currencies. Yet currencies have a bigger impact on your life than you think. China’s undervalued currency — the yuan — is the reason Chinese goods are so | Read More »
The Global Guru: Is This Your #1 Investment between Now and 2018?
Value-investing legend Jeremy Grantham’s investment team and his firm GMO recently offered predictions on the performance of various asset classes over the next seven years. You may be surprised to learn that timber was #1 on that list.
The Global Guru: Is This the Trade of the Decade?
Even as investors are focused on the recent rally in the U.S. and global equity markets, they have all but ignored tumbling U.S. Treasury and bond prices.
The Global Guru: Is the Bull Back in the China Shop?
China badly underperformed most global stock markets for most of 2012. Despite coming on strong at the end of the year, China even underperformed the crisis-wracked Greek stock market. But recent economic data from the Middle Kingdom is breaking bearish | Read More »
The Global Guru: Why Europe is Where the Money is in 2013
Europe has gotten a lot of bad press lately. Only a year ago, the London Financial Times fretted that the euro had just a few weeks to live. Fast forward 12 months, and the picture is very different.
The Global Guru: Why I Expect Global Stock Markets to Soar in 2013
Global stock markets are the ultimate “risk on” asset. When the U.S. stock market does well, global markets tend to do even better.
The Global Guru: New Year’s Eve in the World’s Hottest Stock Market
This week, I am writing to you from the shadow of Turkey’s most famous mosque — the Hagia Sofia — and the center of the capital, Istanbul’s Sultanahmet historic district.