Post New

Where foreign of course means non-US.
Steadily and not-so-steadily getting cheaper after the election. Use your favorite metric for "cheaper" - PEG, dividend + earnings growth, P/E if you must.
Apparently foreign companies will be even less competitive with American ones thanks to the anticipated new US policies.

Steadily and not-so-steadily getting cheaper after the election. Use your favorite metric for "cheaper"...

One possible meaning would be "lower priced, but for a good reason". Or a reason that is logical for the time being, anyway.

Since you mentioned the notion of ex-US investing, I thought this might be worthwhile reading.
Interesting column in the FT today. Probably paywalled, but this is the link https://www.ft.com/content/c9617ae5-8b8d-450d-a45f...
Or try googling "Big changes are coming for dollar and emerging markets"

Executive summary: some serious risks appearing in emerging markets.

A lot of the headline policies in the US pipeline, if enacted, may be cause big problems for forex and terms of trade for a lot of emerging economies, which may cause anything ranging from turbulence to chaos. Potentially very dollar positive in the short run but dollar negative in the long run. The short run might be long enough to cause some very big headaches. It may hit the commodity complex, too.

The same turbulence may hit developed ex-US markets, but obviously not in the same way.

Jim

so as not to be accused of cherry-picking an individual equity, can you please inform my favorite foreign ETF it is supposed to be down 20-30% since the election !

https://duckduckgo.com/?t=ffab&q=avdv+etf&ia=web

(and by foreign, i dont mean fake largecap 'foreign' firms with 50% revenue in america)

https://www.ft.com/content/c9617ae5-8b8d-450d-a45f...

Interesting indeed. Not paywalled.
They are prescribing EM currencies to depreciate, EM central bankers to raise interest rates, and EM countries to cut down on commodity purchases. Getting far from the FKA aspect of this,... I wonder if it will push dedollarization of trade among EMs. Efforts largely unsuccessful so far.

can you please inform my favorite foreign ETF it is supposed to be down 20-30% since the election !

What, 5% in a month isn't good enough for you? Give it time. J/K.

Good ETF (AVDV). Outperforming VSS recently. Not too expensive for foreign small caps, at 0.36%.

Potentially very dollar positive in the short run but dollar negative in the long run.

Jim,

Would appreciate it if you expanded on your 'dollar' thoughts, particularly regarding the
'long run'. I am more than concerned about the rapidly approaching cliff.

vez

Post New

Falling Knives FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.