Emerging Money Daily Audio Call May 5 – On the call today we discuss rising rates across Europe and also breakout levels in the US.
Emerging Money Daily Audio Call May 1 – On the call today we talk about a bounce in global markets today but one that is tepid at best in emerging market equities and small-cap stocks.
Winding Down April and Looking to May:
Sell in May??? Havent heard many using this oversued term but maybe worth a look. Last May was a major headfake for marketes.
Apples numbers were fantastic and the cash flow generation better than anything in history ( and better than most of European economies). We think markets are a little tired from US earnings season and this could play well for relative value trades towards EM.
We coined March 17, 2015 as Janet Yellen was poised to deliver a statement following the March FOMC meeting. The Dollar peaked around 100.40 and hasn’t been back.
We expect a hike (good for currency) but think it may be last of the cycle for COPOM.
We love Apple as a company and as an innovator…and also as an EM powerhouse. Say what you want about Apples ASP price point being too high, but it’s still a global aspirational brand that developing nation consumers want to own.
Emerging Money Daily Audio Call April 24 – Global markets moving higher with Latam taking center stage…Where do we see the most opportunity and is Brazil’s recent strong performance more than bottom fishing?
Emerging Money Daily Audio Call April 23 – On today’s call we discuss we review global markets that are sideways. EU PMIs and Greece are not the reason for why European equities are weaker today – Why then?? We review…