Yesterday, on CNBC’s Street Signs, the focus was on the “MINT” economies: Mexico, Indonesia, Nigeria, and Turkey, as they are coined, or “MINTs”.
What’s Going On?
Why the “dirty laundry” in emerging markets this year versus developed markets which have soared?
Join Tim Seymour on CNBC at 10:20 a.m. today, as Tim discusses a mixed bag for commodities which are tied to emerging markets fortunes, housing and construction data for the U.S. and China, and how soaring grain prices may result in export quotas to further limit supply.
The IPC index of the Mexican stock exchange, the Bolsa Mexicana de Valores (BMV), is the primary stock index for the country’s only bourse. You might think of it as Mexico’s S&P 500.
As first quarter data starts to come in on corporate profits and economies, investors may want to reevaluate their positions within emerging markets.
In the value school of finance propounded by Benjamin Graham and Warren Buffett, investors seek out companies that are selling for less than the value of their assets.