New York Times (January 9)
“Saudi Arabia is throwing open its doors to global investors.” From February, all overseas investors “will be allowed to buy and sell shares directly in 262 listed companies.” The question is whether they will want to. “The Tadawul All Share Index is down over the past year, vastly underperforming both the S&P 500 and major global stock indexes.” It is “the Gulf region’s biggest and worst-performing stock exchange,”
Tags: Buy, Global investors, Gulf region, Index, Overseas investors, S&P 500, Saudi Arabia, Sell, Shares, Stock exchange, Tadawul, Underperforming, Worst-performing
Investment Week (September 29)
“Which companies are actually ‘doing AI’ is the question that has to be answered.” Just as “a lot of fund houses are making a big show of talking about AI as it puts them ‘in’ this next big trend, the same is true for many of the companies they are looking to buy.” Hype abounds and the Financial Times “discovered a disparity between the AI leaps CEOs were buzzing about in their company’s investor calls and the actual investment the businesses were making into this space.” To keep “AI in check just from a risk management basis” and to separate “the winners from the churn,” active mangers are essential. “The value of active management cannot be underestimated, not just for the necessary diversification but to actually play a role in making this new era not be as ‘terrifying’ as people are predicting.”
Tags: Abounds, Active mangers, AI, Big trend, Buy, CEOs, Churn, Companies, Disparity, Diversification, Fund houses, Hype, New era, Predicting, Risk management, Terrifying, Winners
The Economist (July 11)
“Growth is abysmal; wages are low. But seen from the outside, Britain is a great place to contract services and buy bargain-basement bonds.”
Tags: Abysmal, Bargain-basement, Bonds, Britain, Buy, Contract services, Growth, Low, Wages
Fortune (June 28)
“Recent housing market indicators show persistent weakness in home prices, including consecutive month-over-month declines. That’s as housing supply has increased while demand has stayed tepid amid still-high mortgage rates hovering around 7%. The slump in prices raises the risk of a prolonged downturn.” There may be an upside to the slump. Lower prices may “make homes more attractive, potentially spurring more demand and representing some relief for younger Americans who are looking to buy but have been priced out of the market.”
Tags: Buy, Declines, Demand, Downturn, Home prices, Housing market, Indicators, Mortgage rates, Persistent weakness, Priced out, Relief, Supply, Tepid, Younger
Bloomberg (August 11)
“Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss.” Having some of the froth knocked off, however, is providing bullish investors with “a fresh reason to buy what has been one of 2024’s hottest trades.”
Tags: $1.1 trillion, 2024, August, Bullish, Buy, Equities, Froth, Investors, Japan, Loss, Reason, Record, Shed, Value
Seeking Alpha (October 11)
“Recent history has taught us to buy the dip. Even the eye-watering declines in February proved worth buying. But this time looks different. This may not be a dip worth buying.”
