Stocks
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).
Repsol’s lawsuit fighting the nationalization of YPF doesn’t mean time to buy
Spanish oil firm Repsol (REPYY, quote) has filed a lawsuit with the World Bank’s arbitration unit ICSID over their claim that Argentina’s nationalization of YPF (quote) was illegal. Does this mean it’s time to jump back into REPYY or YPF?
Did you make the most of the tech sector last month?
If you shorted Research in Motion (RIMM, quote) and went long on Samsung (SSNLF, quote) last month, then you probably made a tidy profit. More profits are ahead as the trends Emerging Money reported on in April continue.
Why Indian banks are no longer brightest of the BRICs
With the banking sectors in two of the four BRIC markets — Brazil and China, facing short and long-term systemic challenges, Indian lenders have held up better than their counterparts, only to falter in the last few weeks.
Higher inflation: more bad news for India
India’s economy (EPI, quote) took another turn for the worse this week when data released yesterday indicated a rise in consumer prices, bucking a trend of decreasing inflation.