Front doors, these portals to our daily
world…are perhaps more? Openings for our souls and
the fresh excitement of a new hour? Or an entrance to dreariness
and dread? Beginnings or ends? We turn the handle! They only
open to our demandings, our places of exit, our regressions
and our way back in.
Yet, with the relentless erosion of routine,
our doorways can be ignored.
This is the view of Mt. Cotacachi, our front
door at El Meson. What a view but...so easily missed in the
daily rush to have more…of what?
Stop and ask that question, today, at your
front door. Then for just a minute why not look in a fresh
way. Imagine the awe and wonder that can await you from your
personal portal into your world.
We have now installed a Hometel Program
at El Meson. You can live here, make the view below yours
for an entire month (including a great and healthy breakfast
served in the sunny courtyard by our smiling staff) for just
$870.
This is an incredible value and good value
is one reason we love Ecuador.
Good value is also the way we spot international
investment trends. See more below.
Our friend, statistical expert, Michael
Keppler continually researches all major stock markets and
compares their value based on current book to price, cash
flow to price, earnings to price, average dividend yield,
return on equity and cash flow return. He compares each major
stock market’s history and from this develops his good
value emerging stock markets strategy.
Here is a condensation of his April 2006
review of major market developments & outlook.
Keppler mentioned a strong performance at
the beginning of the year followed by a mild pull back, before
global equities again resumed their previous uptrend. Last
month, the Morgan Stanley Capital International (MSCI) World
Total Return Index advanced 2.2 % in US dollars and 0.7 %
in euros.
During the first quarter, the MSCI World
Total Return Index gained 6.6 % in US dollars and 3.9 % in
euros. Over the last fifteen months the index gained 16.7
% in US dollars and 31.1% in euros.
In local currencies, all markets covered
rose last month, in the first quarter 2006 and in the last
fifteen months.
The best performing markets last month were
Norway (+7.9 %), Sweden (+6.9 %) and Denmark (+4.9 %).
Belgium (+0.4 %), Spain (+0.5 %) and Italy
(+0.9 %) came in last.
Since the beginning of 2006, the top performing
markets were Norway (+19.6 %), Sweden (+11.9 %) and Germany
(+10.9 %).
The lowest performing markets were the US
(+4 %), Italy (+6 %) and Switzerland (+6.2 %).
Over the last fifteen months, Norway led
the winners with a 66.2 % gain, followed by Austria (+58.8
%) and Japan (+54.3 %).
Over the last fifteen months, the United
States (+9.4 %) was the only market with a single digit gain.
The other laggards were Hong Kong (+15.9 %) and Italy (+24.4
%).
There is one change in our performance ratings
this month: Hong Kong is upgraded to “Buy” from “Neutral”.
The Top Value Model Portfolio now contains the following
seven "Buy"-rated countries at equal weights: Belgium,
France, Germany, Hong Kong, Italy, the Netherlands and Singapore.
Keppler’s current ratings suggest
that these markets offer the highest expectation of risk
adjusted returns.
You can get ideas on shares in these top
value major global stock markets from Thomas Fischer at Fischer@jyskebank.dk
For more details on Keppler's analysis,
contact Roderick Cameron at 1-212-245-4304 or at roderick.cameron@kamny.com
Until next message, good global investing!
Gary
P.S. Join Merri, Thomas Fischer of Jyske
Bank and me at our next International Business and Investing
Made EZ course in North Carolina. Review where to invest
and do business now and learn which markets and currencies
may be strong in the year ahead. Do not delay we have only
five spaces left! SIGN
UP TO COME
P.P.S. Double your profit potential
with the MultiCurrency Sandwich. Leverage investments in
top value markets. DETAILS
Today’s Health Tip: Consider
having dental and elective medical procedures in Ecuador. See
why
