September 2018

“I am saying that currency trading is unnecessary, unproductive and totally immoral, it should be stopped. It should be made illegal. We don’t need currency trading” Dr. Mahathir Mohamad (4th and 7th/current Prime Minister of Malaysia)

SUMMARY

  • US stocks are now in the longest bull-market stretch in history driven by earnings growth and their ‘safe-haven’ status
  • The crisis in emerging markets is not over as structural issues have not been resolved yet
  • Once the EM dislocation comes to an end, several attractively-priced markets offer great trading opportunities
  • Non-consensual view: US equity markets may not be as expensive as widely perceived

Download (PDF, 3.64MB)

Questions?

Please feel free to contact if you have any questions.

ACP Investment Partners LLP is an unregulated Limited Liability Partnership and promotes the regulated financial services of ACPI Investments Limited (ACPI IL) & ACPI IM, which are authorised and regulated respectively in the United Kingdom by the Financial Conduct Authority and in Jersey by the Jersey Financial Services Commission.

This promotion has been approved by ACPI Investments Limited (FCA Register IRN 192403).

Accept