Sometimes what happens in the markets makes me wonder about people's common sense - correction, most of the time what happens in the markets makes me wonder about people's common sense!
Today the markets are up on the news that retail sales in the US have been higher than expected, and the market has totally ignored the fact that global industrial production has not grown since June. When will the markets catch up? Are people blind to the fact that the US economy is in the process of taking a massive hit due to the drought that continues on? Is the improved sentiment an injection of pre-election spirit?
Make money in the US while you can, but please don't pledge your allegiance to US investments – things are far from steady in that part of the world. Hedge your bets by investing in those areas that will benefit from the US’s situation: Mexico, and South America, and of course China and India. While all eyes are on China in terms of emerging markets, India is making steady progress, ready to step in where ever China shows a weakness. Chinese and Indian acquisitions of companies around the world continue. As an Advisor I am keenly aware of the shift that is taking place and the new economic map that is being created as a result of it.
Today the markets are up on the news that retail sales in the US have been higher than expected, and the market has totally ignored the fact that global industrial production has not grown since June. When will the markets catch up? Are people blind to the fact that the US economy is in the process of taking a massive hit due to the drought that continues on? Is the improved sentiment an injection of pre-election spirit?
Make money in the US while you can, but please don't pledge your allegiance to US investments – things are far from steady in that part of the world. Hedge your bets by investing in those areas that will benefit from the US’s situation: Mexico, and South America, and of course China and India. While all eyes are on China in terms of emerging markets, India is making steady progress, ready to step in where ever China shows a weakness. Chinese and Indian acquisitions of companies around the world continue. As an Advisor I am keenly aware of the shift that is taking place and the new economic map that is being created as a result of it.
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