Tuesday, November 6, 2018

Policy priorities - Important issues VS Politically sensitive issues

"Today's politically correct society prefers to waste its time with tearing down important historical monuments that are a reminder of our history, even if it was not always glorious. Important issues such as how we are going to resolve the problem of excessive debts and enormous unfunded pension fund liabilities, etc are ignored or neglected."

Tuesday, October 30, 2018

Sunday, October 7, 2018

Stocks sell off in Turkey could present a Buying opportunity

“People always say they would like to buy low and sell high. Turkish stocks are valued in U.S. dollars. Now it’s in buying range. I think I will buy some Turkish stocks, ETF’s. I own some [Turkish] bonds. It’s not the huge portion of my portfolio but yes I own some Turkish debts. I think it’s the time to buy Turkish assets." 

Wednesday, August 29, 2018

Trade wars are not good

The economy worldwide is getting weaker according to Marc Faber

“Trade war is crazy, completely crazy. It is occurring now at this time when the global economy is slowing down. If you look at the price of copper, price of lumber, they already collapsed that is a sign that the global economy is weakening very rapidly. I think we are going go into a recession.”