The global growth story is primarily led by China. Yet India has been the most profitable member of the BRIC team in 2010. In fact, India is up up 11.2% over the last 6 months whereas China only added 1.2%. Could a new trend be developing in these ”up-n-coming” countries? Forget China - Bespoke Asia ETF Roundup - Cris Heaton, Index Universe ETFs With Rapid Sales Growth [...] Continue Reading...
ETF Signs Of Bull Market, ETF Strategy Barbell, Small Economy ETF Success, ETF Clusters At 52-Week Highs Click here to listen to the show: 9-19-10 Continue Reading...
Is it just me, or has the permanently glum Nouriel Roubini become a “softy?” The good professor has received more accolades than any other analyst or economist for predicting the demise of market-based securities in 2008. Never-mind the horrific calls he made the following year: 1. In April 2009, near Dow 7950, Roubini predicted the markets would [...] Continue Reading...
Over the last 6 months, the stock ETFs of different economies have largely traveled in the same direction. If stocks were up in China, they were probably up in India, the European Union as well as the United States. If stocks were down in China, well… you get the picture. The correlations between the 10 largest economies [...] Continue Reading...
Like basketball fans falling out of love with Lebron James, investors have given the cold shoulder to Technology ETFs. And yet, tech stocks are sporting their lowest valautions relative to the S&P 500 in nearly 20 years. That’s not the only tailwind for Big Tech. Many of the sector superstars are sitting on record amounts of cash; the money can be returned to [...] Continue Reading...
At the start of 2010, investors in energy stocks had plenty of reasons for optimism. Global economic growth appeared reliable enough to sustain a modicum of stability in oil commodity pricing. Analysts anticipated that natural gas prices would climb off 2009 lows, aiding the integrated oil and gas majors. What’s more, these giant integrated oil and gas corporations sported [...] Continue Reading...
Currency info frequently tops the financial newswires. Sometimes we learn about a falling dollar’s impact on commdoity prices. Other times we discover that the Japanese government is actively selling its yen to push its currency away from 15-year highs. (Of course, Japan hasn’t felt compelled to step in or manipulate its yen for 6 years… hence, the [...] Continue Reading...
The 15-year high for the yen is killing a deflation-riddled, export-dependent Japan. Sovereign debt default concerns and poor economic expectations are damaging European hopes. Meanwhile, persistent unemployment coupled with weak housing demand seriously dent the likelihood of a robust U.S. recovery. It follows that I’ve focused my actual investing activity as well as my investment commentary on the rapidly growing emerging markets. What’s [...] Continue Reading...
The total output of Chinese factories and mines, a.k.a. industrial output, surpassed expectations for August. Since May, in fact, Chinese demand for metals and materials has played a major role in the global growth story. If China is only just beginning to hit its capitalistic stride, will ETFs and ETNs related to copper, lead and aluminum thrive? And if emerging markets continue hitting 52-week [...] Continue Reading...
The global economy hasn’t healed itself. Not yet. Several countries in Europe are on unsustainable paths, leading to debt burdens that they won’t be able to service. Japanese companies can’t sell products at a profit with the yen at a 15-year high. And shortly after the mid-term elections swing Republican… shortly after the “boost” is priced into [...] Continue Reading...
