Politics has always been the dominant driver of investing in China - now its the dominant driver of investing everywhere.
This was insightful. Thanks.
If interest rates stay higher for longer and policy turns pro-labour, what does that do to various asset classes?
Already in China we have seen: big tech equity and property developers' bonds get hammered.
In the West, what's next? Regulated utilities (nationalisation, unfavourable regulation?) Private Equity?
yes! what are you thoughts on nigeria? indonesia?
Politically speaking I think they look interesting. Both can play China and US off to get better terms - just like India is doing at the moment. Nigeria also seems to be getting srious about reform... but I have seen that before.
This was insightful. Thanks.
If interest rates stay higher for longer and policy turns pro-labour, what does that do to various asset classes?
Already in China we have seen: big tech equity and property developers' bonds get hammered.
In the West, what's next? Regulated utilities (nationalisation, unfavourable regulation?) Private Equity?
yes! what are you thoughts on nigeria? indonesia?
Politically speaking I think they look interesting. Both can play China and US off to get better terms - just like India is doing at the moment. Nigeria also seems to be getting srious about reform... but I have seen that before.