Author: Tim Seymour
Trading the Globe TODAY: get defensive on emerging consumer stocks
We’ve seen a real bloodbath in the emerging markets, but multinational consumer stocks that have been in these countries for a long time look largely insulated from both Chinese sluggishness and the euro madness. We talk about defensive growth today on Trading the Globe (10:20 ET, CNBC).
Russian economy holding its own despite oil’s dive
Global markets are getting caned, taking both oil prices and petroleum-dependent Russian stock prices down with them. This seems to be a simple kneejerk reaction; the Russian economy itself seems to be holding up more than well.
The dollar is back up in dangerous territory for emerging markets
The DXY, more familiarly known as the “dollar index,” is up 3% since the month began. That may not look like a huge move, but given the longer-term trend and the recent past, it’s enough to give emerging market traders pause.
Trading the Globe FRIDAY: foreign Facebook frenzy
With Facebook moving toward its long-awaited IPO, global social media shares have been rising. Trading the Globe primetime specials are back, so what better trade to talk about? Tune in Friday and see!
Incessant government meddling pushing Brazil back into bear mode
Once considered “market friendly,” Brazilian President Dilma Rousseff has started to unnerve investment banks and drive the Bovespa into a deep correction. Expect downgrades and maybe a few bottom feeding opportunities.
Trading the Globe TODAY: emerging markets media
Whether it’s old-fashioned broadcast TV or streaming web movies, video entertainment is a global industry now. We lay out a few of the up-and-coming names in the space on today’s installment of Trading the Globe.
Greek electoral upset raises real specter of default
Up-and-coming Greek politician Alexis Tsipras says today’s voting gives him the power to cancel the austerity programs the International Monetary Fund and the European Union mandated as part of their bailout of the country.
Brazilian home stocks are back on the move
Look to the Brazilian real estate stocks for evidence for the wisdom of trading both long and short where emerging markets are concerned.