Emerging market crisis pulls in India, Indonesia
The bad news is that the emerging market crisis that has sent financial markets plummeting in Argentina, Turkey, and Brazil has added India and Indonesia to its list of victims. The good news is that the inclusion of India and Indonesia is exactly what analysts and...Rethinking emerging markets after Libya? Who isn't? Here's how that violence has changed my thinking.
Is the violence in Libya the last straw for the world’s emerging economies? Or at least for investors in those markets? I certainly think that the big drops in emerging market stock markets are leading some investors to abandon markets that they never felt all that...India shows why money is flowing out of emerging markets right now
Want to see why investors worry so much about the world’s emerging markets that they are taking money out of these stocks? Just take a gander at India. In an effort to fight inflation the Reserve Bank of India has raised interest rates seven times in the last 12...Update HDFC Bank (HDB)
Another day, another interest rate increase from an emerging economy central bank. On January 25, it was the turn of the Reserve Bank of India. The bank raised its benchmark repurchase rate to 6.5% from 6.25%. The Reserve Bank of India raised interest rates six times...Go domestic with your international stocks
At the end of October China’s Communist Party formally endorsed the country’s new12th five-year economic plan. For 2011-2015 the plan envisions changing China from the world’s factory to the world’s market. During this period, China’s leaders intend to change the...Expectations for higher gold prices are getting baked into India's huge jewelry market
A minor sign that inflation expectations are starting to become embedded in economies and markets. Minor but important. Especially for investors in gold. Typically, when gold prices rise, the demand for physical gold from the jewelry market falls. Buyers of gold for...Which side of the currency wars will India join?
Is India next? Will India be the next country to join the global currency wars? If you’re counting votes at the upcoming G20 meetings, this isn’t a minor issue. India could make the difference between agreement on a unified global response and go-it-alone...Russia's ban on wheat exports sets the commodity markets on fire
On August 5, Russia banned grain exports for the rest of the year. Drought has destroyed about 20% of the wheat crop of one of the world’s top wheat exporters. The ban will run from August 15 until December 31. At a minimum. Wheat prices, already up 70% this summer,...India lags China and Brazil in fighting inflation
Spahn and Sain and pray for rain was the battle plan for the 1948 Boston Braves. It worked as the Braves won the National League title that year with two dominant pitchers. It leaves something to be desired as central bank policy, however. Do nothing and hope that the...Inflation is breaking loose in China and India
The inflation news from the United States was absolutely benign yesterday, March 18. Can’t say the same for a big piece of the developing world. Inflation is on the loose from China to India.  The only question is Will somebody important to the global economy wreck...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...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...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...Dollar up and stocks down–don't expect that to continue
I can’t tell you where stocks are headed in the short term but it does look like the days of the dollar rally are numbered. Why do I think that? The central bank of India tells me so. And if the recent relationship between the U.S. dollar and global equities...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...Jim’s Daily Email Alerts:
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