Buenos Aires, Argentina This morning, I saw a woman crossing the road. That’s an ordinary, mundane, everyday occurrence. But this …
After 2018’s sharp drop, are Chinese stocks cheap enough?
Chinese stocks go through frequent cycles of boom and bust. The market saw major peaks in October 2007, May 2015 …
After 2018’s falls, there are some cheap stock markets
Rocha, Uruguay At the beach house, the nocturnal toads that keep me company at dinner time are happy. The rain …
Don’t expect a happy, Hollywood-style ending…
Buenos Aires, Argentina Let’s see…stocks are up a bit today…gold is edging higher ($1,245 per ounce)…Argentine airline pilots are threatening …
Is China about to implode?
Buenos Aires, Argentina Last night I was at a party. It was an elegant crowd, gathered in a garden around …
The “multiple uncertainties” that are on my mind
Buenos Aires, Argentina Heavy rainstorms swept through Buenos Aires in the past few days. Lightning flashed, thunder cracked, streets were …
Time travel, new taxes and GE collapses (further)
Buenos Aires, Argentina On Sunday, I flew back from New Zealand to my chosen home in Argentina. It was the …
The “cheap” Asian stock market that’s also high risk
Most of the time, if you could pick up a developed country stock index with a price-to-earnings ratio below 12 …
Ferraris, real estate or stocks?
Buenos Aires, Argentina Last week’s lunch at the American Club in Buenos Aires was thoroughly enjoyable. Around 12 of us …
What to look out for in 2018
With only two weeks of the year left, it’s time to think about what to look out for in 2018. …
When the CAPE ratio fails
No valuation ratio is perfect. All have their pros and cons. But one of the usually more reliable ones – …
Mostly big winners, no losers (my past stock recommendations)
Although the OfWealth Briefing is a free service, from time to time I make specific investment recommendations. Today I look …
The new gold buyers
Everyone should own some physical gold. In a “good” world – with vast, fast growing, gold-hungry emerging markets like India …
The debt zombies will overwhelm us (again)
“To kill zombies you need to destroy their brains.” Such was the wisdom yielded by an internet search to solve …
China’s staggering global project
China has a global, multi-decade mega project. Even if you’ve heard of it before, the chances are you don’t know …
Chinese A-share upgrade by MSCI: what it really means
It finally happened. After many years of near misses, index provider MSCI has finally agreed to include certain domestic Chinese …