Brexit Enters the End Game

In June, 2016, voters in the UK delivered one of that year’s big political surprises.  Against the predictions of pollsters and pundits, they voted, by a narrow margin, to leave the European Union (EU).  It was one of a series of big surprises that humbled analysts around the world who Read more

Riding the Vietnamese Tiger

We’ve been expressing our positive view about Vietnam as a favored investment destination in emerging markets since last June.  Since then, the Ho Chi Minh Index has appreciated more than 50% in U.S. dollar terms. Source:  Bloomberg Stock market rallies require a combination of economic and financial fundamentals followed by Read more