Thursday, October 11, 2018

U.S. Stocks Are Weighting Too Much

U.S. stocks are so dominant among developed markets that their position has become “unsustainable,” according to Luca Paolini, Pictet Asset Management Ltd.’s chief strategist. 

Paolini made the argument Wednesday in a Twitter post that showed the country’s weight within the MSCI World Index, representing 23 countries. The U.S. share rose to a record 62.5 percent last month and closed just below that peak Wednesday, according to data compiled by Bloomberg. “Overblown” earnings estimates are among reasons why the percentage is poised to fall, he wrote.

Source: David Wilson, Bloomberg

Ray Dalio: The “War” with China Is Spreading

A fantastic diagram from Ray Dalio of where we currently stand:

"Because geopolitics is playing a greater role in driving economies and markets than any time in my over 50 years of investing, I am thinking a lot more about it." - Ray Dalio

Stock Market Update

Read the latest stock market updates from Peter Schiff: It's Not A Normal Bull Market Correction and My Feeling About The Stock Market Was Confirmed

Wednesday, October 10, 2018

Investing: Korea Is Going To Be The Most Exciting Country In The World

Korea is going to be the most exciting country in the world for 10 or 20 years once North Korea is open and they unite. It's going to be very exciting for many reasons.

You know as recently as 1970 North Korea was richer than South Korea. Communism ruins everything and so it ruined North Korea which means that North Korea is extremely cheap with lots of educated, disciplined and cheap labor plus lots of natural resources, standing right on the Chinese border. Combine that with lots of capital in the south, lots of know-how in the south. iIt's going to be very exciting. The Japanese are against it because Japan knows they cannot compete with an open Korea and they're doing.

Podcast: Jim Rogers On Follow The Money Radio

Latest podcast with Jerry Robinson (Follow the Money Radio)
October 2018

Topics discussed:

Jim Rogers views on the US Economy, the trade war with China and business in general.

Tuesday, October 9, 2018

There's No Such Thing As Winning A Trade War

There's no such thing as winning a trade war. Do you see what's happening with NAFTA right now? Mr. Trump is shouting from the rooftops that he's won but you look at the results it means that the price of cars are gonna go up a lot for American citizens. I'm not sure how that's good for America. Maybe it's good for a few automobile workers but it's not good for most Americans.

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