Globalisation and trade are difficult
Re-farming
Regulations
Money is the message
Recent Strategy Chart Art
Strategy
In my
village folks agree that nationalism is new while religion rooted in nationalism can survive for centuries. Marriage of religion and nationalism yields especially authoritarian organizations whose leaders, striving for control over their followers and for their exploitation, conceal their intentions under religious, politico-religious, informational, cultural, and other guises. In my
village it is also obvious that there is no difference between patriotism and nationalism despite the huff. While Protestantism would not survive if not for J.S. Bach. To our village folks nationalism and patriotism is like gravity force while globalization is like cosmism.
In my
village we know that trade deletes geographic boundaries. Globalisation and trade are difficult and may be boring unless its goals are not only to stay in luxury hotel in some
village in the obscure part of the world but also to populate Mars and or Venus, will G20 or block chain help?
My
village has no industry most of the people left for the city. Craftsman used the division of labor, de-farming, trade, fetishism and alchemistry to assemble... Wealth of the nations.. An Avedis Zildjian company is a good example. Now some craftsman are going back home to settle down back in the
village and re-launch their crafts and develop their territory.
Policy mistake is too expensive and difficult to spot. In my
village folks are concerned that the government value add is questionable. Individual initiative is difficult and needs to be tested against long term social trends and
village trends.
In our
village we frequently note that soil rent works in mysterious ways: Venezuela has richest oil reserves while Uzbekistan has biggest gold reserves – so what?
For any
village folks in the emerging markets US dollar cash is king. Local Central Banks can’t compete with USD in credit. Fed is far more advanced than any local central bank in managing the liquidity. But before local central banks master the art of providing liquidity – the whole system is likely to change. Dollar is more trusted.
In the
village where I am from discussions in the common grounds coffee shop suggest that trust is an emotion, -- an energy gap required to come with minimum number of arguments to deal with irrationality. It may be genetic. Our
village folks sometimes luck emotional energy to trust our local currency.
When discussion heats up in the common grounds coffee shop in our
village , some thrown arguments are not logical and even not rational. The difference between transcendental messages and rational messages is like the difference between algebraic and transcendental numbers well spotted by Kant while one Russian navy officer disagrees.
In our
village we developed the modern theory of money based on the theory of messages some messages have numeric norm content. The information exchange involving sequence of messages yields a message with money. Money is the message.
But in our
village sending messages to God is difficult (official letters usually returned to sender) while receiving is slightly easier. We pray or use charity and endowment funds to text them our donations.
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Average Sovereign GEM Yields (USD)
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Average Sov. Dev. Markets Yields (blended currency)
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Average UST Yield
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Average Sovereign Local Currency Yields (USD)
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Choose A Country
Comment
Monthly performance is between 2018-11-30 and 2018-11-01
Best global markets YTD USA +3.12%, EM LATIN AMERICA-8.08%, EUROPE-13.19%,
While worst global markets YTD FM (FRONTIER MARKETS) -16.59%, EFM ASIA -14.34%, EM (EMERGING MARKETS) -14.13%,
Best global markets last month EFM ASIA +3.67%, EM (EMERGING MARKETS) +2.40%, FM (FRONTIER MARKETS) +0.74%,
While worst global markets last month EM LATIN AMERICA -4.37%, EUROPE -2.06%, USA 0.57%,
US stocks go into reverse after Fed raises ratesUS stocks stage biggest drop following Fed rate rise since 1994Why it may be time to shine for emerging-market currencies in 2019Brazil, Indonesia Expected to Lead Emerging-Market Comeback in ...China stocks slide as healthcare, energy firms tumbleUS investor appetite grows for Chinese stocks despite market ...UK boutique launches 'quantamental' European equities fundEuropean Equities: 3 Big Themes To Watch In 2019Oil Prices Rise On Small Crude DrawAmerica's top oil-producing region has a new problem: $40 crudeCommentary: China steel prices tick up on winter curbs, stimulus ...Declining metal prices a risk for Indian producersGold prices fall sharply today, silver rates slumpGold Price Drop As Fed Raises Rates But Turns Slightly Dovish For ...
Best last month among various countries' equity markets were JAMAICA +19.22%, ESTONIA +13.44%, INDONESIA +10.87%, INDIA +9.74%, TURKEY +8.67%, HUNGARY +7.47%, POLAND +6.70%, HONG KONG +5.12%, PHILIPPINES +4.75%, CHINA +4.04%,
While worst last month among various countries' equity markets were MEXICO -9.09%, IRELAND -6.43%, PERU -5.68%, NORWAY -5.65%, UNITED ARAB EMIRATES -5.57%, JORDAN -5.30%, FINLAND -5.16%, PAKISTAN -4.95%, AUSTRIA -4.80%, TUNISIA -3.66%,
Best YTD among various country equities were ZIMBABWE +96.36%, JAMAICA +34.67%, QATAR +25.14%, SAUDI ARABIA DOMESTIC +12.45%, TUNISIA +12.43%, ROMANIA +12.28%, KUWAIT +11.37%, TRINIDAD AND TOBAGO +9.92%, ISRAEL +7.40%, USA +3.12%,
While worst YTD among various country equities were ARGENTINA -49.24%, TURKEY -40.41%, BOTSWANA -36.47%, GREECE -34.08%, PAKISTAN -29.02%, SOUTH AFRICA -25.96%, BULGARIA -22.61%, IRELAND -22.57%, MAURITIUS -22.42%, BELGIUM -21.25%,
