The U.S. stock market is hitting all-time highs, which is a bit peculiar given the state of the world and the state of the economy. The economy does not seem to be booming, it's all based on expectations. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Technology Select Sector SPDR ETF (XLK), Health Care SPDR ETF (XLV), Energy Select Sector SPDR ETF (XLE))
Tuesday, April 18, 2017
Wednesday, April 12, 2017
Russia Is Still Very, Very Cheap
At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI))
Tuesday, April 11, 2017
Trump: I'm a Little Bit Confused
I am a little bit confused. Maybe Mr. Trump is confused too. He has promised dozens of times that he would start a trade war with China, in this first day in office he would impose a 45% tariff, he would start a trade war with Mexico and Japan and none of that has happened, so I am not quite sure of what has happened to Mr. Trump. Maybe he is just a politician like the rest of them.
Monday, April 10, 2017
India: It Has Been A Disappointment
Mr. Modi has been a disappointment. I bought Indian shares when it looked like he was going to win but I sold them. He has not done anything. And that demonetization thing, I mean, that was just theft. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))
Thursday, April 6, 2017
The U.S. Dollar Will Go Higher
I own a lot of U.S. Dollars because turmoil is coming and the Dollar will go higher, it will get overpriced and may even turn into a bubble.
A Safe Haven for Savers
In the end the savers safe haven is agriculture. Have a farm and learn how to be a farmer. (PowerShares DB Agriculture Fund (DBA))
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