Thanks John - great stuff.... wonder what you think of China right now? FXI trades at 11x, with say 7% growth and 12% ROE (way below US). Only major market that trades at median P/E ratio... so you get maybe 7% return and possibly upside if P/E expands? Or am I thinking about that incorrectly? thanks again
Thanks John - great stuff.... wonder what you think of China right now? FXI trades at 11x, with say 7% growth and 12% ROE (way below US). Only major market that trades at median P/E ratio... so you get maybe 7% return and possibly upside if P/E expands? Or am I thinking about that incorrectly? thanks again
Great content, John.