Which markets are cheap right now in the world?

[dealmaker]

Yes I read an article on this as well yesterday, any idea which investments one could make (in financial markets though) to replace some bond positions by products linked to real assets in a portfolio ? I'm thinking of REITs, commodity ETF (DBC), Gold futures or miners, but don't like Reits as they seem very much correlated to the equity market nor too keen on gold since I missed the 10% rally a few months back (this might be more psychological than rational though). Gdx is very volatile so I'm not keen on establishing a more than very small position, so looking at DBC, but afraid of ETfs dealing with commodity futures, they seem to get hit hard by rollover issues.

Any input on this topic, anyone ?

Looking around I see a lot of very high end marquee properties are either for sale or just sold eg Playboy Mansion, Bill Koch's Elk Mountain Lodge, Jeff Greene's Palazzo di Amore, Tom Barrack's Never Land ( formerly Michael Jackson's) etc., most of these properties were bought during or right after the credit crisis which tells me that smart money thinks real estate has topped....

http://la.curbed.com/maps/most-expensive-houses-los-angeles

 

[luisHK]

I don t know how indicative this is from a top, in the article below the author states " U.S. equities are trading at all-time highs compared to housing prices "

http://www.marketwatch.com/story/ba...al-as-inflation-makes-its-comeback-2016-10-17

Aain looking at some US REIT charts i'm not convinced they are any use with a diversification goal as they follow closely the SPX ( I checked a couple of months ago, not sure if they are expected to diverge when stocks go down, but without checking the charts in 2008 they must have dived in unisson)

 

[dealmaker]

Looking around I see a lot of very high end marquee properties are either for sale or just sold eg Playboy Mansion, Bill Koch's Elk Mountain Lodge, Jeff Greene's Palazzo di Amore, Tom Barrack's Never Land ( formerly Michael Jackson's) etc., most of these properties were bought during or right after the credit crisis which tells me that smart money thinks real estate has topped....

http://la.curbed.com/maps/most-expensive-houses-los-angeles

Luxury Housing Risks: Echoes of The Great Recession

 

[Needless Promo]

Mexican Peso and Russian Ruble, against the Euro and Japanese Yen.

 

[Steve Ladd]

The stock exchanges of Russia, Brazil, and Poland; European financials; producers of coal, natural gas, copper, steel, uranium, and nickel; silver and oil as commodities.

 

[dealmaker]

Looking around I see a lot of very high end marquee properties are either for sale or just sold eg Playboy Mansion, Bill Koch's Elk Mountain Lodge, Jeff Greene's Palazzo di Amore, Tom Barrack's Never Land ( formerly Michael Jackson's) etc., most of these properties were bought during or right after the credit crisis which tells me that smart money thinks real estate has topped....

http://la.curbed.com/maps/most-expensive-houses-los-angeles

Palazzo di Amore has been reduced $66M, now only $129M.