Global stock markets went pear-shaped last week, as you know; this week could prove just as abysmal, given there don’t seem to be any obvious cues to spur a pick-up. At least Fed Chairman Ben Bernanke looks likely to stay in office now that the Democratic and Republican party leaders have gotten their acts together. Any instability atop the U.S.’s central bank would only have aggravated already fragile investor sentiment. I’m going to be keeping an eye on emerging stock markets, particularly those in economies that are fundamentally robust, with every prospect of continued development (such as Brazil, China, India and Indonesia – the latter being on an economic and policy upswing little noticed by the BRIC-obsessed.) On a related note, here’s an interesting piece by colleague Riva Froymovich about investors snapping up riskier emerging market credits. Continue reading…
Corporate Earnings
Posted by Gabriella Stern
on January 24, 2010
China, Earnings, Emerging Markets, Financial Markets, Investing, Portugal, Stock Market, Wall Street, Washington / Comments Off
China, Earnings, Emerging Markets, Financial Markets, Investing, Portugal, Stock Market, Wall Street, Washington / Comments Off
