One third of 2019 is already behind us and, to say the least, it has been the heck of a third in the financial markets. On 31st December 2018, very…This content is for Research, Model Portfolio + Investment Ideas, 1-month Free Trial and Diamond Membership members only. Log In Get a 1-month Free Trial
This Week we are changing the format of our Weekly Market Reviews merging them all into one single post where we review the financial markets and focus on issues that we see worthy of interest through charts and comments.
There are times in the financial markets, like in politics, where it is best to withdraw and stay on the sidelines waiting for better times.
SELL AMERICA, BUY CHINA
In October 2014, in our of strategic pieces titled THE NEW KONDRATIEFF CYCLE, we outlined the case that 2013 marked the end of the US Dominance of the World and that the Chinese Kondratieff cycle had started.
Kondratieff Cycles are 60 years cycles of inflation and deflation that are usually associated with an era of technological change and / or of political dominance of the world. Nikola Kondratieff was a Russian economist who identified all the long term cycles dating back to 900 that corresponded to all the changes in world economic leadership over history from the Italian cities such as Venice to Portugal, Spain, Holland, France, the British Empire and finally the USA after the second World War.
AZUR ASIAN EQUITY FUND Up + 7.60 % Year To Date at 5th March 2018
At a time where most world equity indexes are less than 1 %, AZUR ASIAN EQUITY FUND that we advise is up + 7.60 % net of all fees.
Since inception in November 2014, the fund has delivered +8.75 % net of fees per annum to investors, well ahead of the +7.14 % delivered by the corresponding MSCI ETF.