China's stocks are still falling but other emerging markets aren't following so closely
For China’s stock markets, right now all news is bad news. Take new data from a survey of purchasing managers for January released by HSBC and Markit Economics released on Monday, February 1. The index, roughly equivalent to the survey of purchasing managers conducted...Maybe the U.S. consumer is never coming back–and the global economy will stay awash in excess capacity
Consumer demand in the United States isn’t coming back. Not anytime soon. Not for a decade or more. Not to anything like the levels of 2006 or 2007 before the global economic crisis hit full force. I know that’s not the conventional wisdom–or...Stocks in China, Brazil climb but is this the end of the emerging markets correction?
Stocks in China closed up today, January 28, in Shanghai and Hong Kong, breaking a six day losing streak. Shares of other emerging markets were ahead at noon in London. The MSCI Emerging Markets Index was up 1.3%. Six straight declines have taken the index down 9.7%...Update LAN Airlines (LFL)
Business isn’t good at LAN Airlines (LFL) but it is getting better. On January 26, 2010 the Chilean airline, which accounts for nearly 75% of Chile’s domestic air passenger traffic, reported fourth quarter net income of $109.8 million. That was an increase of 17.6%...More pain in emerging markets but isn't that a good thing in the long run?
The correction in the world’s emerging stock markets continues. At noon in London today, January 27, the MSCI Emerging Markets Index was down 0.5%. That brings the index’s six day retreat, the longest slide in a year, to 7.8%. There’s just enough news of tighter...Update Ctrip.com (CTRP)
Ctrip.com, China’s biggest online travel company, has changed the ratio of its American depositary shares (ADS) to give holders a two-for-one ADS split. Holders of the ADS received one additional ADS for each ADS they owned on January 19 at the end business on January...Sentiment shifting on China: Is a buying opportunity ahead?
Investors have turned bullish on the United States and are less bullish—if not actually bearish so far– on China, according to a Bloomberg survey of subscribers. Investors who have been waiting for a buying opportunity in China and other emerging markets may be...China isn't an asset bubble waiting to burst–it's worse
I think investors are worried about the wrong kind of crisis in China. Worry seems to focus on the possibility of an asset bubble and the change that it will burst sometime in the next two to three months. I’m more concerned about a slide into a crisis that will be an...Buy AmBev (ABV)
I think this one fits the recommendations for how to invest in emerging markets now that I laid out in my post https://jubakpicks.com/2010/01/07/how-to-buy-into-emerging-market-stocks-now/ AmBev, or to give the company its full name Companhia de Bebidas Das Americas...Looking for countries that have their financial acts together? Look to emerging markets like Peru and Indonesia
As far as I know, there’s no financial-markets law saying that if some countries get a credit-rating downgrade, then others must get a credit-rating upgrade to keep the system in balance. But right now it seems to be working that way. The past year has brought...How to buy into emerging market stocks now
Here’s the dilemma. Long-term emerging market stocks are going to beat stocks from the world’s developed economies like a drum. Everything right now points in that direction. Growth rates: For example, the United States looks likely to grow by 2% to 3% annually over...Could this mean less volatility for China's financial markets?
Holy Karl Marx, Batman. China is set to introduce futures contracts on its stock market indexes. Perhaps in March right after the Communist Party’s annual congress, Bloomberg reports. China’s Financial Futures Exchange has been running mock trading in the contracts...Emerging markets are getting too popular–again
Mark Mobius, the most experienced emerging markets investor I know of, is urging caution on emerging markets. The huge run up in asset prices on stock markets from Shanghai to Warsaw is bringing companies to market to sell stock in record amounts. And that makes...Danger in Dubai–and perhaps opportunity
U.S. investors should feel very familiar with the financial crisis that broke out in Dubai last week. The names are different but the story is striking similar to the U.S. mortgage crisis. And if you’re trying to figure out the dangers and the opportunities in this...How to escape the next lost decade
A lost decade. 1999 to 2009 sure qualifies for many investors in stocks. A lost decade to come? I can’t tell you what stocks or stock markets will perform best over the next ten years. But I can tell you that many U.S. investors are still sitting in portfolios that...To find the next McDonald's look to emerging markets
By 2015 one-third of companies in the Financial Times Global 500, a list that’s roughly the global equivalent of the U.S. Standard & Poor’s 500 stock index, will come from the world’s emerging markets, according to Bain & Co. Makes sense to me. Economic growth...Credit Suisse calls a top–temporarily–for emerging markets stocks
Credit Suisse, the Swiss investment banking and asset management giant, told clients on August 6 that emerging stock markets had hit a top after rallying 72% in five months. The note said that six indicators had turned negative on these markets: the 200-day moving...Jim’s Daily Email Alerts:
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