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Showing posts from August, 2016

ASSET CLASS RETURNS AS AT 31 JULY 2016

What can we surmise from the major asset classes table below? A lot. Bear in mind that these returns are priced in USD, which has generally performed well against most currencies this year.













































Major developed equity markets had a largely rough first few months in 2016, thanks to Brexit. However the recovery was quite sharp too in July, compared to the overall YTD performance. Are there anything the markets are not afraid of anymore. There is a running theme across the asset classes - negative interest rates in some developed nations. You can literally see that impacting across the board.

Emerging markets equity had an even better performance YTD, and rallied alongside developed markets last month. When priced in USD, it also meant that the actual returned were further enhanced in local currency (for most).

Where you find the greatest impact of the negative interest rates theme - REITs, foreign, US and emerging markets bonds... look at their YTD gains in USD.

As you are beginning to see the m…

Bad Moms - A Surprisingly Good Movie

This was a surprisingly good movie... Thought I give it a chance to see Mila Kunis, the lovable Kristen Bell and the ever gorgeous Christina Applegate ... but its Kathryn Hanh who stole the show as the loose single mum who's game for anything. Its 18+ so you know its a lot of fun. Tackling real issues with brutal honesty and there were plenty of laugh out loud and long moments. Touching piece at the end when all the stars talked with their real mothers. Excellent 9.5/10.