Argentina is another market in the midst of economic crisis that you should be paying attention to right now. The presidential elections earlier this month may signal a positive turning point for this country. President-Elect Mauricio Macri has his work cut out for him, but if he can effect positive change without alienating all the […]
A chart of Argentina’s economic activity over the last century could have been used as the blueprint for one of the rollercoasters I rode with my kids at Universal Studios in Orlando last week. Up and down, up and down, right now this market is way down, very close to another bottom. The last bottom […]
The U.S. dollar has been on an upward tear lately after years of decline. As 2014 comes to a close, I decided to take a look at markets where the dollar’s current strength has had the most favorable impact on property prices. As it turned out, a few of my favorite places are having what […]
One Person's Junk... Greece's credit rating with Moody's is already in "junk" territory, and, yesterday, Spain was downgraded to just above junk quality. Things are getting interesting in Europe. A few weeks ago, I recommended that, given the current and trending status of the euro versus the U.S. dollar, as well as the disastrous local [...]
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