1. Jahr leben und arbeiten im Ausland ist nun schon wieder vorbei. 🇨🇳
Auch hier in #China vergeht die Zeit wie im Flug 😉.
Ich kann es jedem nur empfehlen!- Es erweitert den eigenen Horizont ungemein.
#Expat
BUY CHINA – that’s the message from this week’s guest on The Master Investor Podcast – Louis Gave @gave_vincent, the Founding Partner and CEO of @Gavekal, one of the most unique and insightful market research firms in the world.
IRAN WAR: “China comes into this crisis better prepared than pretty much anybody out there… & has more oil and storage than the rest of the world combined.”
LONG TERM: “China has the lowest cost of capital, the lowest cost labour, the lowest cost of electricity, and has the world's cheapest currency and it's not even close… And that makes for a very powerful combination.”
WARNING: UK, France and US bond markets are vulnerable.
Timestamps:
00:00 Intro
03:28 Iran War – likely path
05:34 Iran War – inflation coming
08:04 Iran War – who is most exposed
13:37 UK, France, US bond markets vulnerable
15:55 Bearish on defence stocks
20:38 China well prepared for Iran shock
28:20 China screaming buy long term
34:56 Constructive rest of Asia
36:12 US overvalued?
41:33 Know your strengths