With over 40 years of domestic and international financial experience, Gavin Graham is a highly sought-after market pundit and prognosticator. His wealth of global experience has been garnered through roles in London, Hong Kong, San Francisco, and Toronto including those of senior fund manager, Thornton Management; chief investment officer, Citigroup Investment Management (Asia); and chief investment officer, Guardian Group of Funds. Mr. Graham is a contributing editor of The Income Investor, host of the Gavin Graham Show podcast, and regular commentator in the financial media. Originally hailing from the UK, he is a graduate of Magdalen College at the University of Oxford and a Trustee of the Investment Committee of the Royal Medical Foundation (UK).
Unilever (UL) is an Anglo-Dutch consumer products company, which derives over 60% of its revenues from emerging and frontier markets and whose brands include such well-known names as Hellmann’s mayonnaise, Dove shampoo and deodorants, and Ben and Jerry’s ice-cream, notes Gavin Graham, contributing editor to The Income Investor.
Diageo PLC (DEO) is the world’s largest spirits company with such market-leading brands as Johnnie Walker scotch, Smirnoff vodka (not made in Russia!), Captain Morgan rum, Gordon’s gin, and Guinness stout, asserts Gavin Graham, contributing editor to The Income Investor.
Investors are nervous about the effects on equity markets of rising 10-year bond yields in Canada and the US, explains Gavin Graham, a leading specialist in Canadian investing and contributing editor to Internet Wealth Builder.
CK Hutchison Holdings ADR (CKHUY) is the holding company for the diversified interests of Hong Kong’s wealthiest man, Li Ka Shing, notes Gavin Graham, contributing editor to The Income Investor.
While many commentators are asserting that the coronavirus pandemic has changed everything, and that the trends which characterized most of 2020 will continue in 2021, the situation appears most similar to the end of the technology bubble in 1999-2000. Then too, confident assertions were made that Its different this time, that valuations were irrelevant, and that old economy stocks and sectors such as energy, industrials, materials, and financials were permanently dead and buried. Events proved this view to be mistaken, and the Noughties decade saw out-performance of value against growth and old economy against technology and new wave stocks. Reversion to the mean is one of the most fundamental of investment doctrines. One suspects it will prove itself to be so again this year and for the foreseeable future.