AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
It’s GLD, b*tch!
The Compound and Friends
Emerging Markets - I Got You.
Every rally in emerging markets back to 2010 has failed. There's no way anyone's going to believe in an emerging market rally unless it goes on for four years. So let's see what kind of bounce we get. We got a little bit of a bounce. Plus historically, there's been a positive correlation with commodities. This is now a growth index. Not so much that EEM has done so well. Most people would not believe that emerging markets, even in dollar terms, have outperformed this in P500 over the last year. That's pretty crazy. I wouldn't believe it. But there's your denominator fallacy,. It's because the denominator there is a growth heavy
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode