World Money Analyst

Investing in the “New” China

June 2015 | Issue# 4.06

This month we publish our 41st edition of World Money Analyst. From our humble first issue in February 2012, we launched an innovative letter that blazed a different investment trail. Our pioneering approach drew upon a truly global team of analysts and experts that offered insight from their respective regions.

Extreme Sport: Overindebted Economies

May 2015 | Issue# 4.05

The extreme-debt theme of this month’s letter continues to dominate the international headlines. Greece has been playing game theory with the IMF and the ECB, and trying its luck at victory through brinkmanship. When you’re broke, there aren’t many options and negotiating leverage is scarce. So far, not so good for Athens.  

A Budget-Priced Market Coiled for Rebound

April 2015 | Issue# 4.04

“Here. Just take this and chip your way down the edge of the fairway. We’ll catch up on the green,” instructed my brother-in-law (now ex) as he handed me a nine iron. It was late morning Christmas Day, sometime in the mid-’80s. I’m a California boy, and my wife and I had traveled to San Diego to be with family during the holiday. And as of that morning, I had never swung a…

Has China Hit Peak Coal Demand?

March 2015 | Issue# 4.03

The whole of the investing world seems enthralled with the impending two-day meeting of the US Federal Reserve that will commence this week and will be old news as you read these very words. Speculation about the “implied timing” and “telegraphing” hidden within the most anticipated artifact of the meeting—the deified “statement” released by the chieftains at the conclusion of said pow-wow—has again scored high on the trending barometer.

India’s Seismic Shift: Investible or Forgettable?

February 2015 | Issue# 4.02

Near the top of my “Things I Like to Do in America” list is pulling into a gas station. Even before the latest crash in crude oil and the subsequent dive in the pump-price of gasoline, filling up my car while visiting the US was still waaaay cheaper than it would have been back home in Switzerland… or in Germany, or France, or Italy, or just about anywhere in Europe.

Winds of Change Sweep Latin America

January 2015 | Issue# 4.01

As a longtime observer of currencies and exchange rates, last week’s action in the currency markets was nothing short of stunning. First came the announcement from the Swiss National Bank (SNB) that it would cease to intervene in the currency markets to stem the rise of the franc against the euro. Then all heck broke loose. In a market where a trading day move of a percentage point or two between currency pairs…

Australian Luck and Russian Haystacks

December 2014 | Issue# 3.12

We humans are an artistically endowed lot with a well-developed aesthetic sense. But it wasn’t always so. To create something that serves no real purpose other than self-satisfaction requires time. Specifically, spare time. And in the dawn of the evolutionary human genus, there was not much “spare time” for the earliest sapiens to chill in the man cave and express themselves. Life was a game of survival.  

The Chemistry of Politics and Economics

November 2014 | Issue# 3.11

Pressing a smart phone into my ear for any length of time is not generally part of my everyday routine. Mind you, this is not scientific, but I see no evidence to connect the intelligence of your phone and its wise use. I will admit, however, that although texting seems to attract its share of criticism for all the right reasons—texters make annoyingly rude pedestrians and kamikaze pilots behind the wheel—I can see why…

Who Moved the Fulcrum on My Balance Sheet?

October 2014 | Issue# 3.10

I have been on the road this month, and my first stop was in Hong Kong. I had planned this trip months ago, but the serendipity fairy seems to have intervened and delivered an interesting coincidence. As it turns out, I arrived on October 2, at what appears to be the height of the Occupy demonstrations—or the Umbrella Movement as it is known locally—in central Hong Kong. Of course, the Hong Kong protests…