Citigroup aims to profit from global middle class
The rising middle class around the world is an important investment trend, according to financial columnist Jim Jubak. Investing in Citigroup (C, quote) is one way to profit from that growth.
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The rising middle class around the world is an important investment trend, according to financial columnist Jim Jubak. Investing in Citigroup (C, quote) is one way to profit from that growth.
Trouble in Brazil and Argentina may have been dominating Latin American investment news, but that’s no reason for investors to shun the region.
In the current low interest rate environment where the strongest expansion is in emerging markets, there are three Latin American stocks investors seeking alpha should check for both growth and income.
Legendary investor Baron von Rothschild once stated that, “When the streets of Paris run with blood, I buy!” If he were alive today, he would probably be commenting about the streets of Buenos Aires, where the stock market is swimming with red ink amid threats of nationalization.
The financial sector seems to have recovered – or at least investors are betting that way.