Good Morning Emerging Money Subscribers we begin the day with global emerging markets bouncing today as we see upside in the bear market Emerging Market trade.
While printing 74K on Non-Farm Payroll report (NFP) today in the U.S. gives a temporary momentum boost to flagging spirits in emerging markets, it is not worth discussing other than in the context of what is moving markets today.
We talked about this one on Fast Money right before numbers as we discussed other frothy internet names in our old tech vs. new tech discussion.
Is Latin America on the mend? Earning season can be a tough time trading for anyone looking at short term position but for emerging market investors it can be time to gain insight to emerging market economies.
While many investors are loth to invest in airline equities, by employing a pair trade, investors can mitigate some of the inherent risk associated with aviation companies. Like in any other sector, it’s always a good idea to be long a thriving company and short a struggling one when creating a pair trade.
A note today on Bloomberg provides further insight into what we’ve been saying: the Brazilian middle
class is slowing down.