Emerging Money daily audio call – Emerging Markets open flat to slightly lower after yesterday’s rally. Tune in to as I review economic data across the board including my insight in China’s PMI number along with in depth reviews on key Mexico companies.
Chinese internet stocks remain well bid as earnings for single stocks continue to support the entire space. The Emerging Money Chinese Internet Index has moved to another all-time high +4.1% as VipShop (VIPS, quote) and other ecommerce names are delivering on growth expectations.
Russian Bounce: If you are playing Russia and have a view of Putin’s more conciliatory tone allows you to trade the overdone moves in many names.
Hello it’s Tim Seymour this Monday March 3. We are giving emerging Money subscribers updates throughout the day on the events Crimea, Ukraine and Russia along with the macro to political.
Look at the attached chart and you can see that the Chinese manufacturing PMI despite an attempt by market watchers to try and paint a hurrendous picture, has been trading in the current channel for almosty 3.5 years.
Join Tim this Sunday afternoon for an update on Russia and Ukraine. Tune in for an update on Tim’s views after speaking with contacts in Russia and traders around the world. What’s the impact and how are traders positioning themselves for Monday’s open and how is all the turmoil affecting the Russian economy.
I wanted to give you update this Saturday afternoon on the Ukraine and Russia moves. What is really going on how it and what does it mean.
As we hit the 18th consecutive week of outflows from EM equities the question begs – when is enough enough?