FALLS CHURCH, Va.--Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. On 20 December 1999, Macau became the Macau Special Administrative Region (SAR) of the People’s Republic of China, based on an agreement signed by China and Portugal on 13 April 1987. Read More

By Yiannis G. MostrousFALLS CHURCH, Va.–Sentiment in global markets remains basically unchanged: It’s a fairly bullish attitude built on expectations for a relatively smooth slowdown in the global economy and, consequently, solid performance for the financial markets. There’s also a secondary view, expressed here previously, that markets will… Read More

By Yiannis G. MostrousFALLS CHURCH, Va.–It can be dangerous for investors to be sitting on positions that have achieved all-time highs. And that’s what’s happening in Asia: The MSCI All Country Asia ex-Japan Index, the region’s benchmark, recently surpassed its previous record, established 12 years ago.Although… Read More

By Yiannis G. MostrousATHENS, Greece–2006 was a good year for the SRI Portfolio, which outperformed its benchmarks. Please note that this is a long-only Portfolio. I imposed this restriction in order to fairly compare performance against benchmarks, and all major market indexes are also long only. Read More

By Yiannis G. MostrousATHENS, Greece–“Thailand is also an economy I really like,” I wrote in mid-June, continuing: …but the political turmoil has been affecting the market negatively. It’s unfortunate that the economic advances in Thailand are being held hostage by the capriciousness of an elitist group… Read More

By Yiannis G. MostrousFALLS CHURCH, Va.–As things stand, world stock markets can stay stronger for longer, even after four rewarding years. Equity valuations remain at fair levels (although not as cheap as they were) and earnings continue to be strong. The global economy doesn’t look bad yet, but… Read More