Emerging Money Daily Audio Call December 5 – On the call today we dive into the impact of the U.S. payroll number and what impact it has on commodities.
While we were wrong in expecting a 500K cut yesterday as OPEC met to address plunging oil prices and a supply glut that is overwhelming lackluster ( but not negative) demand growth. What we were not wrong in expecting that OPEC would sound coordinated at least on the surface and ready to address the supply issues outside and inside of OPEC.
Emerging Money Audio Call Preview June 5th – ECB, Draghi delivering impact for emerging markets (EEM, quote) for sure, the stress that was created by EU Banks pulling money out of emerging markets and lending something that I think this is some relief as a bleed through on this morning’s news and ultimately putting central-bank stimulus back into the mix.
Emerging Money Audio Call Preview for Tuesday, June 3 – Emerging Markets (EEM, quote) opening higher, outperforms in Emerging Markets against the S&P this week is our call. Last night’s PMI nonmanufacturing in China (FXI, quote) very constructive when coupled with what we saw over the weekend in the official PMI HSBC reading.