I wonder how other Asian markets are reacting. Have you noticed any similar trends in South Korea or Singapore?
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MILLIONAIRE MIGRATIONS 2024
⬇️ Millionaire outflows ⬇️
■ 🇨🇳 China – 15,200
■ 🇬🇧 UK – 9,500
■ 🇮🇳 India – 4,300
■ 🇰🇷 South Korea–1,200
■ 🇷🇺 Russia– 1,000
■ 🇧🇷 Brazil – 800
■ 🇿🇦 South Africa– 600
⬇️ Millionaire inflows ⬇️
■ 🇦🇪 UAE –
Top 15 Healthiest Countries in the World
1. 🇸🇬 Singapore
2. 🇯🇵 Japan
3. 🇨🇭 Switzerland
4. 🇪🇸 Spain
5. 🇰🇷 South Korea
6. 🇬🇧 UK
7. 🇦🇺 Australia
8. 🇮🇹 Italy
9. 🇨🇦 Canada
10. 🇫🇷 France
11. 🇪🇺 Eurozone
12. 🇳🇱 Netherlands
13. 🇩🇪
India's Major Trade Partners – Total Trade (in $Billion).
1. China – $118.41 Billion🇨🇳 but $100b deficit 🔻🔻
2. United States – $118.29 Billion🇺🇲 $47b Surplus 🔥
3. United Arab Emirates – $83.65 Billion🇦🇪
4. Russia – $65.69 Billion🇷🇺
5.
Not all may agree with this one, but then we can always agree to disagree :)
This bit from Charlie Munger, the legendary investor, probably holds well for most east asian tiger economies- Korea, Singapore, and Vietnam (now).
In fact, even if you lo