Tuesday, February 28, 2017

Resource stocks and Emerging markets are cheap relatively

Resource Stocks are undervalued, and I think Consumer Staples are also reasonably priced as well as REITS. 

I have a large exposure to REITS in Singapore and Hong Kong.

Thursday, February 23, 2017

Euphoria in the markets

I like the US markets in a sense that, for the first time since the bull markets began in March 2009. There is a euphoric move. In other words we are leading to a top somewhere here. 

Tuesday, February 14, 2017

Tuesday, February 7, 2017

Emerging markets to perform well compared to US markets

For the next 10 years, one will make more money in emerging markets than in the US. By historical standards, the US markets are extremely expensive and there is hardly any earnings growth.

In the last five years, we have seen an enormous inflow into ETF (exchange traded funds) and index funds and that has boosted large market capitalisation stocks in all markets, including India. The larger companies are relatively expensive in India. On the other hand, you have a lot of smaller companies that have been overlooked and neglected.