Recent Posts

Duterte’s ace in the hole for Asia’s worst market

Everyone loves an underdog, unless it’s Rodrigo Duterte and the Philippine peso. The Philippines is Asia’s worst stock and currency market this year. A 6 percent slump in the benchmark index combined with a 4.6 percent slide in the peso means US dollar-based investors are looking at double-digit losses. Year-to-date, foreigners pulled more than $580 million from shares, after inflows ...

Read More »

A good story doesn’t make a great investment idea

The return of volatility in the first quarter versus 2017 was our focus last week. Some interesting pushback followed the premise that prices seem to ignore news sometimes and at other times hang on every headline. My explanation: Most people have this correlation backward. Contrary to widespread belief, the news does not drive markets or prices; rather, it is the ...

Read More »

More caution can help FB, but it can hurt it, too

There’s a line of thinking that Facebook Inc.’s business won’t be significantly damaged by the company’s series of scandals. But Facebook is already shifting how it operates in ways that will pinch its finances or limit its strategic maneuvers. First, it’s worth noting how little has changed for Facebook investors after two weeks of fury over the company’s role in ...

Read More »
Send this to a friend