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It's interesting to think about where capital goes as global financial centers have turmoil. It's unclear to me whether hong kong or London has larger head wind

It's interesting to think about where capital goes as global financial centers have turmoil. It's unclear to me whether hong kong or London has larger head winds in dealing with their instability in the next few years: HK seems to be likely to come to a clear resolution with respect to china quite quickly, but the relationship between London and the EU are likely to be in turmoil for quite some time. I don't have a lot of cash savings, I'm generally quite LONG on smallholder African farmers, but I think if I was going to put money anywhere right now it would be into a mixture of the Nikkei, FTSE (singapore), Dubai, and KOSPI (korea) indexes. I think all of Japan's problems are understood and priced in. Japan and Korea have the advantage of both tending towards matrix organizations (Toyota and Nissan are both unusually resilient to tariffs) and Singapore and Dubai have the advantage of being financial hubs with nothing going on.

arcticfox 7y ago
> HK seems to be likely to come to a clear resolution with respect to china quite quickly I'm confused by this theory; the only clear resolution I see China accepting would be a very bad one for HK, which doesn't seem like a positive long-term situation for their status as a financial center.
- 33210throwaway 7y ago
  It could be like Macau. Which has a really high standard of living and quality of life. Hence no protests there.
rjsw 7y ago
A report on Bloomberg yesterday suggested that the Aramco float will be going to the Tokyo stock exchange due to instability in London and Hong Kong.
- culturestate 7y ago
  I understand the reasoning from Aramco's side, but still I'd imagine that would be a bit of a gut punch to Singapore. They've been working hard to position themselves as "Hong Kong, but stable and independent" for some time now.
  - yskchu 7y ago
    Singapore exchange is pretty small, they don't even make the top 10, while Tokyo is top 3 (by company market cap), so makes sense Japan instead of Singapore
marcyb5st 7y ago
Interesting strategy. Recently I was having a look at the price of Gold and it seems there is a recession brewing. However, I feel I already lost that train and so I was thinking about buying Swiss currency / Indexes as it is very stable and generally speaking a safe bet when the rest of the world is economical turmoil.

arcticfox 7y ago

> HK seems to be likely to come to a clear resolution with respect to china quite quickly I'm confused by this theory; the only clear resolution I see China accepting would be a very bad one for HK, which doesn't seem like a positive long-term situation for their status as a financial center.

33210throwaway 7y ago
It could be like Macau. Which has a really high standard of living and quality of life. Hence no protests there.

rjsw 7y ago

A report on Bloomberg yesterday suggested that the Aramco float will be going to the Tokyo stock exchange due to instability in London and Hong Kong.

culturestate 7y ago
I understand the reasoning from Aramco's side, but still I'd imagine that would be a bit of a gut punch to Singapore. They've been working hard to position themselves as "Hong Kong, but stable and independent" for some time now.
- yskchu 7y ago
  Singapore exchange is pretty small, they don't even make the top 10, while Tokyo is top 3 (by company market cap), so makes sense Japan instead of Singapore

marcyb5st 7y ago

Interesting strategy. Recently I was having a look at the price of Gold and it seems there is a recession brewing. However, I feel I already lost that train and so I was thinking about buying Swiss currency / Indexes as it is very stable and generally speaking a safe bet when the rest of the world is economical turmoil.