Tag Archives: emerging markets

The China Syndrome (Part II) . . . . and the Crumbling BRICs

Two years ago I wrote a bearish post on China titled “The China Syndrome: Will GDP Growth Top 5%?”.  I argued a “soft landing” was unlikely because: A) It would inevitably be tough to shift from export-and-investment driven growth to … Continue reading

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Emerging Market Masochism: an Update

As I argued on  December 25, it is unwise for non-specialists to invest directly in emerging market stocks because: You can get exposure to EM economies with far less risk by buying U.S. or European multinationals. Emerging markets are very … Continue reading

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Emerging Market Masochism

I had lunch in midtown with my friend Fred, a veteran Street salesman, who handed me a glossy brochure from an emerging market fund manager who had visited his office. The pitch was (Surprise!) emerging markets have underperformed, investors are … Continue reading

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Global Plague (Not Ebola – Econo-Imbecility)

Stock market jitters are not surprising. I have been shamelessly straddling the equity fence, saying rising earnings and low rates would enable stocks to “grind higher” but nevertheless the “risk of a correction” is high due to excessive complacency. Investors … Continue reading

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CEO’s Say the Global Economy Is Strengthening

Sometimes I am clueless about what is driving stock prices.  In September 2008 I did not sell a share even though my commute took me past the Lehman Brothers building on 7th Avenue, which was being both swarmed by rabid … Continue reading

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