except that I believe the US has far more going for it than Latin America....
yes... that is true, but the general inflation picture I believe will be similar.... i. e. real estate manages to stay afloat because people do not trust neither the corporatuons (which has been my contention since the ENRON, WORLDCOM et all days).... nor they trust the government... and many... (those who still have gainful employment and want to save i.e do not have much debt) may not be willing to put money in foreign markets... they will be left with no other choice but gold or RE (probably residential) as commercial RE will require a degree of specific knowledge to run it properly, not to mention increased risk due to higher vacancies in office, retail.
I can see how the Chinese currency could appreciate... but I bet you that the Chinese will do whatever they can to maintain the RMB depressed as if it rises... then their exports could be affected... but you are correct eventualy it will go up.
I agree 100 % with Marc Faber's comment about the positive influence that Easter European countries will have on the EU... so it strengthens a little the case for the EURO. leaving the dollar somehow 'naked'
btw.... I laughed when Marc Faber apologizes for the noise of his barking rotweiler in the background... he said... "they are fighting other dogs" -lol I could not help visualize an investment environment so dire that one would have to have rotweilers to defend you in case of a populist revolution due to a total financial colapse... -gg
ADR's by countries:
site-by-site.com
I have been scanning some charts.... that may look interesting IF there is a rally as i have been thinking... .
OXY
stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iut!Ub13]&pref=G
AFG
stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iut!Ub13]&pref=G
CG (I think this one has a div of 8.6 %)
stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60][iut!Ub13]&pref=G
EPD
stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
NXY
stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
PPP (maybe wait for pull back)
stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
On the other hand... i was surprised by the last two or three days strength in the following... (which does not make sense in the longer term... but re-inforces my idea that a grizzly market rally may be just around the corner (long term, we still tank )
look at this semis.... (it does not make sense to me)
INTC
stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
FLEX
stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
MU
stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
of course all this could have been a one/two day wonder |
