Money and Finance
- Gmo Emerging Thoughts: Present And Emerging Risks To The Gold Trade - By Amit Bhartia And Matt Seto
The notion of gold as a hedge against systemic risks is flawed. We believe that the concept of gold’s role as an insurance policy needs to be narrowed significantly. Last year we argued that relying on conventional wisdom to analyze gold price movements...
- Does The Shiller-pe Work In Emerging Markets?
Found via Mebane Faber. We test the reliability of the Cyclically Adjusted PE (CAPE) or Shiller PE as a forecasting and valuation tool for 35 countries including emerging markets. We find that the Shiller-PE is a reliable long-term valuation indicator...
- Gmo: Capturing Domestic Demand In Emerging Markets: Neither Small Caps Nor Multinationals Are A Good Proxy - By Arjun Divecha
As a complement to his article published in the FT on Jan. 4, Arjun Divecha fleshes out more fully his argument that buying emerging small cap stocks or large multinationals is not the best way to tap into domestic demand in emerging markets......Excerpt:...
- High Yield Reads - 9/14/14
Summary of recent stories of interest, sometimes enduring, to investors. Jason Zweig - Fireside Chat with Charlie Munger. "Knowing what you don’t know is more useful than being brilliant."A Wealth of Common Sense - "The Best and Worst Things About...
- How Do You Solve A Problem Like Emerging?
That was fast - Emerging Markets went from everyone's darling to everyone's whipping boy. One of the main points of agreement for the last five years or so is that maybe the US would struggle, maybe Europe would struggle but Emerging Markets would...
Money and Finance
John Mauldin's Outside the Box: The Geopolitics of Brazil
Just last week in Thoughts from the Frontline, we discussed the relative valuations of emerging markets. Any discussion of an emerging market is incomplete without understanding the underlying geopolitical forces that guide behaviors of countries and often predetermine the outcome of events. Today I'm sending you STRATFOR's geopolitical analysis of Brazil, a much-discussed emerging market. This is a long read, but it's the most thorough and enlightening analysis I've seen thus far on how the continent's geography has shaped Brazil's history to date, and the major challenges the country faces today.
- Gmo Emerging Thoughts: Present And Emerging Risks To The Gold Trade - By Amit Bhartia And Matt Seto
The notion of gold as a hedge against systemic risks is flawed. We believe that the concept of gold’s role as an insurance policy needs to be narrowed significantly. Last year we argued that relying on conventional wisdom to analyze gold price movements...
- Does The Shiller-pe Work In Emerging Markets?
Found via Mebane Faber. We test the reliability of the Cyclically Adjusted PE (CAPE) or Shiller PE as a forecasting and valuation tool for 35 countries including emerging markets. We find that the Shiller-PE is a reliable long-term valuation indicator...
- Gmo: Capturing Domestic Demand In Emerging Markets: Neither Small Caps Nor Multinationals Are A Good Proxy - By Arjun Divecha
As a complement to his article published in the FT on Jan. 4, Arjun Divecha fleshes out more fully his argument that buying emerging small cap stocks or large multinationals is not the best way to tap into domestic demand in emerging markets......Excerpt:...
- High Yield Reads - 9/14/14
Summary of recent stories of interest, sometimes enduring, to investors. Jason Zweig - Fireside Chat with Charlie Munger. "Knowing what you don’t know is more useful than being brilliant."A Wealth of Common Sense - "The Best and Worst Things About...
- How Do You Solve A Problem Like Emerging?
That was fast - Emerging Markets went from everyone's darling to everyone's whipping boy. One of the main points of agreement for the last five years or so is that maybe the US would struggle, maybe Europe would struggle but Emerging Markets would...