annatimone's Blog
Vale CEO says Chinese construction stronger than expected
Brazilian mining giant Vale sees ‘strong demand’ for construction in China, according to the CEO who was cited by Bloomberg.After falling to a four-year low in June, Chinese stocks have rebounded 20%. Copper has gained about 10%.
Is Emerging Markets an Old Game in Town?
Forget about the NASDAQ trading suspension. The big story these days is emerging markets. During a slow summer week, attention turned away from the US and towards India, Indonesia, Turkey and Brazil. These once-sizzling markets are suffering large currency declines, which have prompted many of their central banks to announce intervention efforts to prop them up. Guess who’s to blame for the foreign fiasco? Yes, the US central bank chief Ben Bernanke is the goat once again. Emerging markets had b…
Can Global Youth Unemployment Lead to WWIII?
I read an article in Wall Street Journal about Pope Francis visiting Brazil and addressing youth unemployment. Pope called upon leaders to serve the poor and it is certainly true for any form of leadership. Recently, the International Labor Organization (ILO) published a damning report on global youth unemployment earlier this year, highlighting that in the global labor market 75 million youth are unemployed. It just concerns me that with increased globalisation, and manufacturing in the West b…
How Long will the Brazilian Carry Trade Last?
While the recent interest rates increase in Brazil to 8.5% along with other price hikes has created domestic unrest across the country that has been called the “Brazilian Spring” by some, for international currency traders there is reason to rejoice. In the current low interest rate environment, there has been a strong need for the profitable carry trade that used to exist with the Brazilian Real. With interest rates rising now, it has returned, with foreign currency traders cheering in While t…
Go With The Flow Into Water Investments
If investing were to be made based on the research of the American Society of Civil Engineers, portfolios would be loaded up with water utility stocks. In its recent annual study, Report Card for America’s Infrastructure, very poor reviews were in order. From that, profitable investing in the sector should be on tap for those buying shares of the companies that will upgrade the water infrastructures for the United States and other countries around the world. Based in Pennsylvania, Aqua Americ…
What do you think about Brazil?
Happy Monday!.. I thought I would start Monday with a puzzling question. Any thoughts about Brazil? Brazil raised key interest rate a half-point to 8.5 pct. Do you think it’s good or bad for Brazil? I think it will slow down Brazilian economy, because raising interest rates will slow down exports. The higher costs of living for some or, more precisely, higher cost survival for most is unavoidable. Especially, small businesses will feel the impact and suffer tremendously. Politica…