If you hear something often enough, eventually you believe it to be true. In the investment world, you’ve always been told that the stock market moves based upon the strength of an economy and the profits from companies. In this issue we demonstrate how nothing could be further from the truth.
The real driver of investment returns is actually the really big shifts of international capital from one market to another.
As always, we’d be pleased to speak with anyone about our investment views. We also encourage our readers to share our global market outlook with those who they think may find it of interest.