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Latest data say China’s economy slowed in July

Latest data say China’s economy slowed in July

Reports released by China at 10 p.m. New York time Sunday show China’s economy slowing in July. Industrial output rose 6.4% year over year. Industrial output grew at an annual 7.6% in June. Economists had projected 7.1% growth in output. Retail sales, another...
China economic data too good to be true?

China economic data too good to be true?

Talk about hitting your marks! Second quarter GDP grew in China at a 6.9% year over year rate, Beijing reported over the weekend. The consensus projection called for 6.8% growth. In the first quarter China’s GDP grew at 6.9% year over year. In June Fixed Asset...
Markets rediscover risk–for a day anyway

Markets rediscover risk–for a day anyway

This morning it looks like the combination of turmoil in Washington and some weak economic data have led traders and investors to take money out of risk assets and put money into safe havens. As of 11:40 a.m. New York time, the Standard & Poor’s 500 was off...
Pre-holiday move to safety starts a little early

Pre-holiday move to safety starts a little early

With trading volumes already starting to slip–trading in Standard & Poor’s 500 stocks was running about 25% below its average for this time of day at noon today–traders and investors are locking in some gains and seeking safety for the week...

Buy Telkom Indonesia (TLK)

Telkom Indonesia (TLK), or Telekomunikasi Indonesia, is a complicated machine with all the parts, I think, moving together in the right direction. Let me explain. First, there’s the growth in Indonesia’s economy, which is forecast to show a 5.2% increase in GDP in...

Update HDFC Bank (HDB)

At the end of January the Reserve Bank of India, the country’s central bank, held a conference call for analysts and investors. The message: The bank is worried about continued growth in government borrowing and strong demand for loans from the commercial sector. And...

The scariest numbers in the world?

The scariest numbers I’ve read recently aren’t projections for U.S. debt. Or how much of the globe’s farmland won’t be usable for farming by 2050. Or even how many losses the New Jersey Nets will rack up this basketball season. (4-42 and counting right now.) Nope, the...

Traders jumping on the Brazilan currency bandwagon

Guess there’s no such thing as a little volatility when it comes to the Brazilian real. In December traders were calling the real the world’s most overvalued currency. Now the consensus prediction, according to a Bloomberg survey of 19 currency analysts, is that the...

Buy Market Vectors Brazil Small-Cap (BRF)

I sold Market Vectors Brazil Small-Cap ETF (BRF) out of Jubak’s Picks about 9% ago back on December 9, 2009, and now I think it’s time to re-buy. Well, actually I think Friday was a time to re-buy—before a recommendation from Goldman Sachs to buy the Brazilian real...