Demand is still growing – not shrinking. Supply will be a fluid issue but OPEC is in shambles, investments have already been cut dramatically, by just looking at big oil earnings last week and prior: capex dump, see
Emerging Money Daily Audio Call January 29 – Your Ticket Around the World.
Alibaba reports BMO tomorrow and is down 3% today on claims that the government regulator is concerned with fraud and oversight. Buy the dip?
China’s final GDP results came in better the expected at 7.3% q/y last week and USB is looking for China to continue at a pace of 6.8% for 2015. UBS went on to say it expects further China policy measures will help the county’s sluggish economy.
The Brazil trade continues to work with equal lifting coming from both the currency and the Ibovespa. In total return you have seen a 14% move off the lows on Dec 16th with the drivers being.
Emerging Money Daily Audio Call December 31 – On this final call of 2014 we get into the year that was in emerging markets.
Emerging Money Daily Audio Call – December 23 – On the call we get into the in energy prices and the impact on integrates in which we think there are opportunities to play in this market now despite comments out in Saudi in the last 24 hours.