Fund managers, analysts and traders often talk about the importance of being selective in stock picking. While the emergence of the risk-off/risk-on trade in recent years has perhaps lessened the appeal of this somewhat, in many markets an investor’s choice of sector or company continues to mean vastly differing returns. Since the global financial crisis,… [Read more]
Regular readers of Riskwatchdog, Business Monitor Online, and the weekly Emerging Markets Monitor (EMM) magazine will recall that BMI has been promoting a view of developed-world equity market outperformance over their emerging markets counterparts. One way to proxy this equity view (‘DM over EM’) is by looking at the ratio of the MSCI World index… [Read more]
As my colleagues and I muse on our top themes for 2011, following on from our successful top ten themes for 2010, one view taking shape is that developed state equity markets will outperform their emerging market counterparts next year. Though I continue to see gains for many emerging market bourses in 2011 (BMI retains… [Read more]
Emerging Market (EM) equities are looking good at the moment, there is no doubt about it, and as regular readers of Riskwatchdog will already know, I am particularly bullish towards Polish, Turkish and Abu Dhabi stocks. But now looking elsewhere for the next big thing, I turn my attention to Latin America, identifying Peru as… [Read more]
On the back of the US Federal Reserve’s decision to purchase US$600bn in treasury assets through the second quarter of 2011, we assess the implications for the US economy and global financial markets. Business Monitor’s Head of Country Risk & Financial Markets Justin Patrie speaks with Global Economic Strategist Tim Cooper.
Emerging Market (EM) equities are looking pretty good at the moment, with the prospects of further quantitative easing out of the US Federal Reserve in particular helping to push a host of markets higher. Here at BMI, my colleagues and I have already entered bullish positions in our Key Market Views mock portfolio on Colombian,… [Read more]
On this week’s Business Monitor Podcast, we examine the disconnect in the US between positive microeconomic signals coming out of second quarter corporate earnings reports and consistently dismal macroeconomic data releases. BMI’s Head of Country Risk and Financial Markets Justin Patrie is joined by Global Economic Strategist Tim Cooper to discuss what accounts for this… [Read more]
