With the US Fed restraining itself from a rate hike, (or with mixed data holding its hands), global equity markets seem to be on an optimistic note.
The benefit of lower American interest rates may be be more now for Australia, Europe and North America. These may be parking slots for funds which have already left emerging economies. With QE from ECB, the European markets look set to grow. Asian giants China and Japan seem a little unsure of themselves and so investors may prefer Europe to Asia.
With dollar sagging a shade , gold too looks good. If gold glitters, commodities will tag along.
Trend is your friend and in the long run we are all dead , as Keynes reportedly said.
The views expressed here are without any risk or responsibility. This blog recommends no investment.
The benefit of lower American interest rates may be be more now for Australia, Europe and North America. These may be parking slots for funds which have already left emerging economies. With QE from ECB, the European markets look set to grow. Asian giants China and Japan seem a little unsure of themselves and so investors may prefer Europe to Asia.
With dollar sagging a shade , gold too looks good. If gold glitters, commodities will tag along.
Trend is your friend and in the long run we are all dead , as Keynes reportedly said.
The views expressed here are without any risk or responsibility. This blog recommends no investment.
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