September 26, 2021
Vietnam: A tiny country with multitude of investment opportunities
By
Kristal Advisors
Global Equity markets are now going through their 6th week of losses in a row. The greed & fear index has swung to the "Fear"-end of the spectrum in a very short period of time, and we are trading at very oversold levels. We always say that timing the market is less important than time in the market to achieve long term wealth generation, but after a 20 to 30% drawdown, the first buyers with a longer-term investment horizon are coming back to the market. Investors should however be mindful of a changed macroeconomic environment.
On the positive side, it is to note that the Q1 earnings season is almost over, and on a broad basis earnings have beaten consensus by a comfortable margin. This was overshadowed by the sell-off due to tightening liquidity in the system, which amplified losses on some of the misses, like Amazon, which posted a 14% drop post disappointing Q1 results.
The Kristal Investment Committee (IC) met in the first week of May for their monthly review across asset classes and market categories. We want to share some of the highlights from our internal discussions in this monthโs insights to help investors navigate these uncertain times and periods of extreme volatility in global asset prices.
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By
Kristal Advisors
May 19, 2022
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September 26, 2021
By
Kristal Advisors
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