Many people assume either the United States or China is the world’s largest exporter of “stuff” – that was certainly my assumption until I really dug into the numbers. However – until now – that belief has been incorrect; the actual leader for quite a few years has / had been Germany.
Turning bolts, Germans [...]
Quite a remarkable performance by the Brazilian Bovespa Index. After a 83% gain in 2009, it has recaptured the 70,000 level and is only 4.5% off of its all time high of 73,517. This despite efforts to keep the flood of US pesos from over heating its markets and economy.
Much like a stock that returns [...]
Must China let its exchange rate appreciate to reduce global imbalances? This column says the appropriate yardstick to measure currency undervaluation is based on the Balassa-Samuelson effect. That measure says the renminbi is undervalued by only 12%. A gradual renminbi appreciation will be sustained only if Chinese corporate and public savings [...]
Global X Management Company rolled out Global X China Energy ETF (CHIE) today (12/16/2009), its fifth of six planned China sector ETFs. The first two (consumer and industrial) were launched two weeks ago, technology and financials were released last week, and materials is expected before year end.
For the purposes of this ETF, the “Energy [...]
Russia’s exposure to the global financial crisis had become unquestionable by the end of 2008.
After years of dynamic development, a result of the country’s stable economic growth, rising incomes and expansion of modern retail channels, the Russian economy started slowing down to encounter severe after-effects of the economic downturn in 2009.
After [...]
As ETFs have grown from a closet industry to a mainstream investing option, funds offering exposure to nearly every corner of the globe have popped up.
Although the abundance of funds has brought access to dozens of equity markets within reach, the vast majority of international ETFs provide fairly shallow exposure to [...]
Brazil’s economy grew at an annualised rate of eight percent in the third quarter and the result for the final three months of the year will be roughly equivalent, according to Finance Minister Guido Mantega.
After growing 1.9% in the second quarter, real gross domestic product growth in the third quarter relative to [...]
Global X Management Company is now halfway through their rollout of six China sector ETFs with today’s (12/09/2009) introduction of Global X China Technology ETF.
The first two (consumer and industrial) were launched last week, and the remaining three (financials, energy, and materials) are expected before the end of the year.
The new [...]
As doubts grow that in the post Dubai word Russia’s central bank will be able to sustain a great deal of momentum in its ongoing programme of interest rate reductions, we learn this week that the pace of expansion in Russia’s economy slowed back in November, following two months of steady advance [...]
In our everlasting quest to find true secular growth stories, we keep finding stories outside the US. All 3 companies mentioned at the beginning of this Investors’s Business Daily story have interesting opportunities ahead of them, but let’s focus on SmartHeat (HEAT) for today. While there is nothing groundbreaking about the [...]