Diversification is key. I own more EM and EU equities than I ever have right now. And lots of gold. But There's still no place on earth that capital is treated better than the United States.
Yeah the tv and twitter has done a good job of convincing people that the us president acting in the best interest of the people of the United States is somehow a bad thing. Everything is gonna be fine. People don't like change especially when the status quo has made very powerful people around the world that control the narrative extremely wealthy. Agree with his tactics or don't the fact of the matter is The rest of the world has benefited greatly from unfair trade practices with the us for a long time and it wasn't a sustainable situation for us. I'm just glad someone picked up the can.
yup, and just conveying the perspective from global investors --I try to stay an independent observer and watch the whole thing with curiosity and pragmatism
Same. But it's hard to ignore the people hyperventilating (not you) bc he's putting tariffs on countries that have tariffed the hell out of us since ww2. I just hope the end goal is a true free trade with no tariffs for anyone. I think the markets will love that. But I don't know anything so who knows
Would never buy because something is "cheap" or sell because something is "expensive", but as the technicals right now are unfavorable and Trump seems intent on continuing his tariff policy, this chart does not bode well for US assets
Diversification is key. I own more EM and EU equities than I ever have right now. And lots of gold. But There's still no place on earth that capital is treated better than the United States.
I hope you're right, but I must say I don't trust that last line as much as I used to after the events of this year (and I think I'm not the only one)
Yeah the tv and twitter has done a good job of convincing people that the us president acting in the best interest of the people of the United States is somehow a bad thing. Everything is gonna be fine. People don't like change especially when the status quo has made very powerful people around the world that control the narrative extremely wealthy. Agree with his tactics or don't the fact of the matter is The rest of the world has benefited greatly from unfair trade practices with the us for a long time and it wasn't a sustainable situation for us. I'm just glad someone picked up the can.
yup, and just conveying the perspective from global investors --I try to stay an independent observer and watch the whole thing with curiosity and pragmatism
Same. But it's hard to ignore the people hyperventilating (not you) bc he's putting tariffs on countries that have tariffed the hell out of us since ww2. I just hope the end goal is a true free trade with no tariffs for anyone. I think the markets will love that. But I don't know anything so who knows
Image: US assets remain expensive, even after 2025 selloff https://substack-post-media.s3.amazonaws.com/public/images/4644809f-0147-4736-9bd9-ee95a4e0d382_1240x815.png
Would never buy because something is "cheap" or sell because something is "expensive", but as the technicals right now are unfavorable and Trump seems intent on continuing his tariff policy, this chart does not bode well for US assets
indeed, valuations are a highly important factor, but only one of the big 5 (value, cycles, monetary, psych/flow, techs)