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Great Foreign Currency Resource

It goes without saying that understanding foreign currency markets is a vital part of international investing. But where do you begin?
Type in “forex” in Google and you’ll get a gazillion results. Sure, there’s some good stuff out there, but there is also an enormous amount of junk, spam and scam artistry.
The Brown Brothers Harriman [...]

15Jun2009 | admin | 0 comments | Continued

Investing in Iraq

Don’t laugh…it’s not as far-fetched as it sounds. And if anybody can figure out a way to do it, Templeton’s Mark Mobius immediately comes to mind. Mobius had the following to say at a press conference in London:
We are also looking at Iraq, though we are not invested there now. We would have to [...]

8Jun2009 | admin | 2 comments | Continued

Steer Clear of Leveraged International ETFs

ProShares is adding to its roster of leveraged ETFs. The four new funds are designed to take 200% positions in China, Japan, EAFE and the MSCI Emerging Markets index.
The problems with leveraged ETFs, in general, have been well chronicled. So we won’t get into that here. For readers who are interested, Tristan Yates and [...]

4Jun2009 | admin | 0 comments | Continued

Is the Chinese Economy Recession-Proof?

Interesting panel discussion with several Chinese economists via McKinsey Quarterly.

2Jun2009 | admin | 0 comments | Continued

Stop the presses: Roubini is bullish about something!

NYU Economist Nouriel Roubini has been on television or quoted elsewhere in the press at least 14,000 times in the past year or two. Astonishingly, journalists almost never seem to ask him the most interesting question: “So, Dr. Doom, are there any markets in the world that you actually like?”
A plausible theory is that the [...]

31May2009 | admin | 0 comments | Continued