“Remember that equity markets always peak just before everything falls apart,” warns Mark Jolley, leading strategist for China Construction Bank. So begins my interview with Mark who has been living and working in China for nearly two decades.
Like many investors, Mark is concerned about today’s over-valued markets, sovereign debt, and artificially low bond yields. It’s a recipe for disaster. And as investors are looking to diversify, Mark offers insights and tips for foreigners interested in investing in China. He says now is the time, as Asian markets benefit from the overflow when the US market is overpriced. Furthermore, Mark is not expecting a banking crisis in China any time soon.
In today’s episode you’ll learn:
- About Mark’s background
- Mark’s insider perspective on investing in Asia
- Why foreigners may need to rethink their approach when investing in China and other Asian countries
- Mark’s outlook on China’s economy and currency
- How the cryptocurrency craze has affected the gold market
Listen to this episode on iTunes
What was your biggest insight from this week’s episode? Let Jay know in the comments or on Twitter: @jaykimmer.
LINKS FROM TODAY’S EPISODE
- Read the full transcript from Mark’s interview
- China Construction Bank
DETAILED SHOW NOTES
- (0:59) Mark’s self-introduction
- (2:37) Mark comments on family offices in China
- (4:01) Mark gives an overview of the current global markets
- (9:29) The nuances of Asian markets and the pitfalls foreign investors encounter
- (16:35) Mark’s perspective on the Chinese market and currency
- (22:35) Mark describes his investment process
- (29:24) Mark’s recommendations for asset allocations within a portfolio
- (31:36) Tips for first-time investors in China
- (34:13) Mark’s outlook on future markets
- (37:19) Mark’s plans in the coming year
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