Country Risk: My 2024 Data Update

Richard Drury updated his most recent update of country risk for July 2024. He looks at political structure, exposure to war/violence, corruption, and protections for property rights. He argues that a trade-off between democracy and autocracy is more risky for investors. He says a democratic country is more likely to be stable and predictable.

Weekly Report: what happened at AFK last week (0715-0719)?

Weekly Commentary: Election On The Brink

Americans fear their country is spiraling out of control following an assassination attempt on Donald Trump. This week likely marked the onset of a period of de-risking/deleveraging. The S&P 500 was at record highs in Monday's trading. Doug Noland offers his weekly market commentary.

Weekly Report: what happened at AFK last week (0708-0712)?

Weekly Commentary: Houston, We Have A Bubble Problem

Weekly Report: what happened at AFK last week (0701-0705)?

Weekly Commentary: Nothing Matters

Home Market Outlook Today's Market Weekly Commentary: Nothing Matters. Two-year Treasury yields dropped 14 bps this week, to the low since March 27th. Markets reacted to weaker-than-expected June Non-Farm payroll and ADP data. The grossly imbalanced U.S. Economy may be weaker - but not weak.

Top Mining Companies Commit Billions To Zambia's Copper Industry

U.S. Global Investors' Frank Holmes talks about Zambia's economic growth. Copper's crucial role in the country's economy and its importance in renewable energy applications. Top mining companies Commit Billions To Zambian's Copper Industry. The country's main export is copper, which is crucial to its mining sector.

Weekly Report: what happened at AFK last week (0624-0628)?

EZA: Resource Rich And Under The Radar

IShares MSCI South Africa ETF (EZA) provides easy access to South African equities. The fund has a concentrated portfolio, with top holdings in companies like Naspers Limited and FirstRand Limited. EZA outperforms the VanEck Africa Index ETF (AFK) and offers exposure to South Africa's resource-heavy economy.

Weekly Report: what happened at AFK last week (0617-0621)?

Weekly Report: what happened at AFK last week (0610-0614)?

Weekly Report: what happened at AFK last week (0603-0607)?

Weekly Commentary: Summer Of Discontent And Instability

Weekly Report: what happened at AFK last week (0527-0531)?

Weekly Commentary: Thesis Corroboration

Markets corroborated the "higher for longer" and rising global yields thesis. The Nasdaq 100 declined 0.7% Wednesday in bearish trading action. The yen, renminbi, and EM currencies all in the crosshairs this week. The equities speculative melt-up appears increasingly vulnerable.

Africa Stocks Take Lead For Global Equities Market In 2024

After a punishing start to the year, shares in Africa have rebounded and are now the leading performer for the global stock market in 2024. VanEck Africa Index ETF is up year to date. The acid test for South Africa, and perhaps the Africa ETF, still lies ahead.

South Africa faces most pivotal election since end of apartheid

South Africa faces most pivotal election since end of apartheid. Ruling ANC party could lose its majority in Parliament for the first time in 30 years. Growing discontent among South Africans over the country's economic prospects. South Africa's unemployment rate remains above 30% and inequality is among the highest in the world.

Weekly Report: what happened at AFK last week (0520-0524)?

Weekly Report: what happened at AFK last week (0513-0517)?