Monday, April 11, 2016

Investment Opportunities - 
Think Outside The Box

In his latest missive, Tim Price highlights the malinvestments resulting from waves of quantitative easing (QE), especially in the U.S. in sectors like finance, energy, commodities & consumer discretionary goods .. advises to look outside of U.S. indices for opportunities .. "Value is in the eye of the beholder. It remains a function of where you look. If your gaze is fixed only on the US stock markets, the chances are you’re not likely to see much obvious value on offer. If your field of view is geographically unconstrained, the chances are you can now see plenty of opportunities worthy of consideration. As Shelby Davis said, “Bear markets make people a lot of money, they just don’t know it at the time.” The bear market in the U.S. may or may not be about to start. The bear market elsewhere has already been with us for years. Time to be bullish – provided it’s in the right markets."
LINK HERE to the essay

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