Last week, I wrote about a famous investing quote that helped form the basis for Cabot’s market timing indicators. Keeping with last week’s theme of investor education, I want to clear up some terms that we use frequently when writing about investing. I pulled them from the survey responses you kindly provided us with last month, so I know they’re on your mind. ADRs–Cabot China & Emerging Markets Report recommends stocks that trade on U.S. exchanges as American Depositary Receipts (ADRs), which are dollar-denominated stock equivalents. This avoids any currency risk and gives investors the protection of knowing that...
