In this excerpt from my book The Silk Road To Riches: How You Can Profit By Investing In Asia’s Newfound Prosperity, I highlight the unfolding geopolitical drama and what investors need to keep in mind. Given the latest developments with Iran’s nuclear programs, not only is the piece timely but the diplomatic rhetoric and world divisions around Iran’s moves nicely support our argument and analysis.
By Yiannis G. MostrousMCLEAN, VA–Next week President Hu Jintao of China will visit the White House. The economic/trade friction between the US and China makes this one of the most polarized visits of a foreign leader in recent memory. The issues are well known, but the final outcome and its effect on the global economy [...]
As Silk Road Investor was launched February 15, quarterly comparisons aren’t possible. Since inception, however, and until the end of the first quarter, the Portfolio is up 12 percent, while our benchmark…
Sometimes I write about an issue and then want to move on, but this can be difficult, especially if what’s written involves the various and shifting agendas of politicians around the world.
There’s been a lot of talk regarding global economic imbalances (e.g., current account deficits, extreme debt levels) and other potentially harmful problems the world faces and must resolve.
In January, I discussed Japan’s long-term potential as the country emerges from its prolonged economic slump. The view here remains that Japan will be one of the greatest investment opportunities in the next decade.
On February 24, the Fed released the results of the Survey of Consumer Finances, a study the Fed conducts every three years of “the balance sheet, pension, income, and other demographic characteristics of U.S. families.”
The thinking here remains the global economy will perform decently this year, although a US recession in 2007 can’t be ruled out. Yet, there are some signs that many markets around the world are due for a correction.
By Yiannis G. MostrousRecently Marc Faber, of The Gloom, Boom & Doom Report fame, observed that investors are bullish about everything: I regard the current investment scene as most unusual, in the sense that everybody is very positive about one or other asset class. Equity fund managers around the world are positive about equities in [...]
Independently wealthy people are usually envied by others, mainly because people dream of being able to do whatever they like whenever they want. A friend who follows some of the investment advice dispensed here is the subject of this type of envy.
