Happy New Year?
Here are my market ramblings this morning as I look out over assets that are in free fall as China, Middle East tensions, and the reality that central banks can only do so much to take the place of organic growth and markets working through the excesses of years gone by:
Tim talks about his tech trade on Fast Money.
After missing on revenues Alibaba (BABA, quote) is taking a beating that comes when expectations are high. But is the multiple? At current pricing on E’16 BABA trades around 25X EBITDA or a major discount to Amazon.
It’s been a busy week in Emerging Markets and the Emerging Money Team has been busying bring cutting through call the chatter to bring to you what matters. Here is a quick wrap up to prepare for next week’s trading. Have great weekend until next week. Emerging Money Team
Tim Seymour speaks with Jyskebank.tv’s Nasdaq-reporter Carina Moeller Jensen in Denmark on the U.S. Tech sector. Tim dives into Facebook (FB, quote), Twitter (TWTR, quote), and Apple (AAPL, quote) to a global audience with a global context.