Actually, Now Is a Good Time to Enter Emerging Markets

Sur le même thème que "Actually, Now Is a Good Time to Enter Emerging Markets"

A Meltdown in Emerging Markets?

Roger Nusbaum submits: I found this article in the Telegraph warning of a possible meltdown in emerging markets caused by what looks like looming inflation problems. The accompanying chart (above; click to enlarge) captures the Sensex in India and the Shanghai Composite for the last six months. Looks to me like the crisis might already be here. There is no way to know at this point how big of an impact the points cited in the Telegraph article will have from here forward. Clearly declines like what you see on the chart are the attempt to price in something. A few months ago when the threat of inflation got less attention than it is getting now it seemed like there was not much concern about what was at the time a small dip. Now that the dips have become more like meltdowns there is much more attention focused on the inflation issue. [lien] [EN]

Two Emerging Market Steel Plays: Mechel and Siderurgica

Market Folly submits: Steel has had a nice pullback here and offers me a chance to finally get back in. I've been monitoring the situation closely because its had a monster run and I keep having to take profits. Not to mention, every pullback could potentially be a breakdown. So, you've got to be on the look out for divergences and overall investor sentiment to the sector. All the steel names look pretty similar on the charts. Most are at or around their 50-day moving averages. So, at the very least, you've got a nice risk reward play set up for a trade or a solid 1st entry point for a longer term position. Charts not withstanding, I actually like Mechel (MTL) as my favorite steel play. It has exposure to coking and steam coal, iron ore, nickel, steel and some coal through their mining unit. [lien] [EN]

S&P 500 Enters Bear Market [Sp500]

Since the Dow made it look so fun, the S&P today dipped into its first official bear market since 2002. A bear market is usually defined as a 20% drop in securities prices from their high (Not a hard feat when the financials were hyped up on imaginary money from worthless mortgages). Is it time to sell, sell, sell? Not unless you're retiring tomorrow, tomorrow, tomorrow. Investopedia says the best thing to do when you see a bear in the market is the same as when you see one in the woods: "Tuck in your arms and play dead!" In other words, don't go crazy selling stocks at a loss. In both cases, fighting back can leave you bleeding, although toughing it out won't be a pleasant experience either. And if you have money leftover after filling up your car, it's actually a buying opportunity. [lien] [EN]

Emerging Markets' Oil Appetite to Exceed U.S. This Year

Paul Kedrosky submits: This year for the first time the collective oil appetite of emerging markets -- many of which don't pay the market price for oil -- will exceed that of the U.S. It is striking stuff, as evidenced by the following figure (click here to enlarge): Complete Story » [lien] [EN]

Challenging times for free market advocates

[posted by Justin Levine] I tend to echo much of DRJ's sentiments on this issue. Now that the government has effectively nationalized the mortgage industry and is doing the same with various banking and insurance pillars of the economy, it is time for free market advocates to go on record to state if they would prefer the economic consequences of doing nothing to the current bailout plan. If they reluctantly accept the bailout plan, then it seems to me that some rethinking of their philosophy is in order. As for myself, I always tend to believe that the burden of proof is on the government to show that regulations will have substantially more benefits than drawbacks before imposing them. Here is where I tend to disagree with many of strict free market advocates though: 1. I think that the government is actually capable of meeting the burden of proof referenced above on occasion for certain industries. [lien] [EN]

Emerging Markets Ready to Re-emerge - Barron's

Emerging markets have taken a beating even worse than Wall Street's carnage. Barron's says the time may be ripe to revisit the once-loved asset class. "They've fallen far worse than everybody else, and probably are once again cheap relative to the world's other equity markets," money-manager Ben Inker says. Inker threw in the towel on emerging markets in July, but now he's turning bullish.Complete Story » [lien] [EN]

Why Nokia needs to get off their ass and make a solar charger for the emerging markets

4 Responses to “Why Nokia needs to get off their ass and make a solar charger for the emerging markets” · willpark says: December 26th, 2007 at 11:42 pm There are plenty of solar solutions out there, but they're expensive. I thought the same thing when I wrote about this situation. But I realized that if the villagers are living in such poverty that they don't have electricity, then they probably don't have money for a solar charger. · Varun says: December 27th, 2007 at 2:52 am Solar power is expensive to generate… Probably is theres an philanthropic arm of Nokia.. they should install free solar powered mobile chargers · PhoneBoy says: December 27th, 2007 at 4:22 am There are other ways than solar to generate enough electricity to charge. I have a little hand. [lien] [EN]

Trend Radar: Emerging Markets

Sramana Mitra submits: On Thursday morning, as I was writing the Hewlett-Packard (HPQ) piece, it struck me how big an impact Emerging Markets are having on companies right now.Complete Story » [lien] [EN]

Are Emerging Markets Cracking?

Toro submits: I added a bit to my short position in emerging markets on Thursday.Complete Story » [lien] [EN]

Emerging Markets: The More 'Uncoupled', the Better

Gary Smith submits: There's to be no resting on one's laurels in the emerging markets, according to Grantham, Mayo Van Otterloo [GMO]. The emerging markets had another excellent year in 2007 (returning in excess of 35% for the fourth year running as an asset class), GMO reported in its Quarterly Update for the fourth quarter of 2007,Complete Story » [lien] [EN]

Marketing 2.0 : Utiliser le web 2.0 pour construire une stratégie gagnante(Stéphane Truphème)

J’ai assiste a la matinee du deuxieme jour de la conference Marketing 2.0. Voici un rapide compte-rendu. “The Marketing 2.0 Conference focuses on emerging marketing practices and technology developments that utilize the Web and Mobile as a platform and defines how the electronic environment will affect consumer decisions and drive the marketing business in the [...] [lien] [EN]

Emerging Markets Stocks: An Overvalued Asset Class?

The following was excerpted from Agile Investments' special report on emerging markets stocks: Complete Story » [lien] [EN]

Did IMF Pop the Emerging Markets Bubble?

Investor Sajal submits: Sometime in late 2007, a ‘new paradigm’ seemed to have emerged; that of fast-growing developing markets to trade at a premium to the developed world. I was in India in December 2007, and was often befuddled at some of the articles and conversations I came across. Indeed, brokerage houses pompously proclaimed the dawn of a new era in emerging markets. Investors, it seemed, would pay up for the faster growth, disregarding country risk, currency risk, inflation risk, home bias, etc. Truly, a ‘structural change’ seemed to have occurred. Fast forward six months, and it’s a completely different cup of tea. A lot of ink has been spilled on the under performance in the emerging markets YTD. Some reasons discussed include. [lien] [EN]

Dow Enters Bear Market [Stocks]

Finally having lost over 20% from its October high, the Dow has entered into a bear market. An unrelated story about an investor-fleecing hedge fund manager who tried to make his disappearance prior to his incarceration look like he took his own life provides context in a Google Trends graph. Dow enters bear market as stocks slide [Reuters] [lien] [EN]

Cleveland-Cliffs All Set to Exploit Emerging Market Steel Demand

Money Morning submits: By Jason Simpkins Cleveland-Cliffs Inc. (CLF), a top producer of iron ore pellets and supplier of metallurgical coal in North America, will buy Alpha Natural Resources Inc. (ANR) in an effort to bolster its coal reserves and exploit the soaring demand for steel among emerging markets worldwide.Complete Story » [lien] [EN]

Emerging Markets? More Like Submerging

Sean Maher submits: Six months ago, the bullish consensus on emerging markets among investment bank strategists and 'celebrity' investors like Jim Rogers was overwhelming, despite historically high valuations relative to developed markets. They would decouple from the credit crunch fallout and prove a safe haven for US investors seeking to diversify their equity exposure.   Oops. Since the high last Autumn, the MSCI Emerging Markets index is down 23.6% against 19.5% for the S&P 500. The much hyped BRIC markets, focus of many new fund launches last year, have slumped further than most developed markets. China is down 54%, India 35%, Brazil 18% with only resource heavy Russia outperforming with a 14% decline. They have all still had a tremendous run since 2003. [lien] [EN]

More on Emerging Market ETFs EEM vs. VWO

IndexUniverse submits: By Matthew Hougan I want to add a few additional thoughts to our recent posts about emerging market ETFs.Complete Story » [lien] [EN]

3 Ways to Profit from the Emerging Markets Investment Banking Boom

Martin Hutchinson submits: Emerging markets are the place for investment bankers to wheel and deal during the next couple of years, as bankers in Asia, the Middle East and Latin America earn an increasing share of investment banking revenue. Emerging markets' share of investment banking revenue has increased both in percentage share and total value over the past few years. In 2005, investment-banking revenue from emerging markets accounted for almost $40 billion, or 16% of the global investment-banking revenue total. Those figures increased to just over $78 billion, a 21% share of the total in 2007.Complete Story » [lien] [EN]

Emerging Markets With Low Valuations

Emerging markets account for 80% of the world's population and 50% of GDP growth - but only 8% of stock market capitalization. The list below contains all emerging markets based on Standard & Poor's classification. I ran a fundamental screen to get valuation with P/E FY1 (current P/E and adjusted by forecasted for EPS FY1). Recently I did screening also with other indicators like Price/Book Value or Dividend Yield. As the results show, the lowest P/E valuation is for the Pakistan stock market. This is also the market with the highest dividend yield in the group, with 5.4.Complete Story » [lien] [EN]