We have made changes to our Emerging Money Global Index to reflect changes in underlying prices of the components based upon our view of the remaining 2Q investment and allocation dynamics for these multinational companies who count EM as key to their revenue and growth vision.
North America is now top energy producer but still needs Warren Buffett’s solar glow (OXY, CVX, MRO, TAP)
Major exploring and fracking by oil giants such as Occidental Petroleum (OXY, quote), Marathon Oil (MRO, quote), Chevron (CVX, quote) and others has resulted in North America producing more oil than any other region in the world. But the need for crude oil will continue as fossil fuels account for 83% of U.S. energy needs.
One of the most respected equity strategists on Wall Street is laying out exactly which U.S. stocks are exposed to euro risk — and which can actually prosper if the European process fails to rescue the shared currency.
Traders are crowding into emerging-markets beer companies on the premise that these stocks offer high dividends and easy exposure to high-growth consumer demographics. Maybe.
Brazilian beer giant AmBev is trading lower today after reporting somewhat softer than expected sales but stronger profit margins. This gives us a glimpse into how the brewers are dealing with rising commodity costs.