As Time Goes By – Technology and Emerging Markets

By |2017-04-17T10:10:19+00:00April 17th, 2017|Categories: Global Market Update|Tags: , , |

Technology advances are swift in the emerging markets. Photo: David Wilson. Source: Wikipedia The Templeton Emerging Markets Group recently noted the evolving make-up of the emerging market technology sector. In theory, an emerging market is an economy in transition from state controlled to one with increasing economic freedom. Along comes integration in the global marketplace and greater standards of living. A more familiar imagining of the emerging market is one of extraction: both of resources (commodities and [...]

Emerging Where?

By |2016-11-17T15:38:53+00:00November 16th, 2016|Categories: Global Market Update|Tags: |

What’s happening in emerging markets? Souk in Rabat, Morocco. Photo: Cloudzilla. Source: Wikipedia For much of 2016, emerging markets have performed well. Higher oil prices and a steady dollar have allowed these markets to stabilize and even do slightly better as the year progressed. But the election of Donald Trump and Republican majorities in both houses of Congress on November 8 may represent a pivot point. There is potential for significant fiscal stimulus, protectionist trade policies, and [...]

Are Emerging Markets a Substitute for Commodities?

By |2016-11-17T15:54:23+00:00March 31st, 2016|Categories: Contested Spaces|Tags: , , |

While emerging markets may move in sympathy with commodity prices, there is far more than just commodity exposure at play. This article first appeared in the Spring 2016 issue of Understanding Investments. There is a body of thought that considers investment in emerging market equities a manner of commodity exposure. For investors who are worried about their US equity concentration, commodities, by way of futures contracts, have been put forward as a way to diversify the equity [...]

Emerging To …

By |2016-11-17T16:10:08+00:00September 10th, 2015|Categories: Global Market Update|Tags: , , |

Emerging From … What’s happening with emerging economies? Country size weighted by projected population in 2050. Source: Worldmapper.org It wasn’t supposed to be this way. The developing economies were supposed to lead the markets higher. The combination of population growth and development economics should have provided a turbo-shot to older, mature, slow-growing developed economies. Bringing subsistence farmers into cities to work in factories has been a time-honored development formula. Increased productivity raises profits and provides higher wages, [...]

How did we come to be?

By |2016-11-17T16:17:25+00:00June 18th, 2015|Categories: UI Journal|Tags: |

Toward a Better Understanding of Emerging Markets By Veronica Peterson The conventional account of the current financial industry’s concern with what are referred to as the Emerging Markets begins in the Cold War at the World Bank Group. The World Bank was founded after the Second World War as an umbrella organization to "end extreme poverty and promote shared prosperity" by making leveraged loans to countries ravaged by war and to countries whose poverty could be attributed [...]

Toward a Better Understanding of Emerging Markets

By |2016-11-17T16:21:10+00:00April 23rd, 2015|Categories: Contested Spaces|Tags: , , |

How Did We Come to Be? The conventional account of the current financial industry’s concern with what are referred to as the Emerging Markets begins in the Cold War at the World Bank Group. The World Bank was founded after the Second World War as an umbrella organization to “end extreme poverty and promote shared prosperity” by making leveraged loans to countries ravaged by war and to countries whose poverty could be attributed to other reasons (usually [...]

The Year of the Horse

By |2016-11-17T16:45:06+00:00February 10th, 2014|Categories: Global Market Update|Tags: , , |

Happy New Year!I’m not late by 2+ months. We’re in the middle of the Chinese Spring Festival, that celebration of good fortune, wealth, and happiness that runs from the end of the last month of their year to the middle of the first month. Because the Chinese calendar is based on both the moon and the sun, the timing of their New Year shifts around, kind of like Easter.The celebration is thousands of years old, and is [...]

Emerging Issues

By |2014-01-29T10:33:25+00:00January 29th, 2014|Categories: Global Market Update|Tags: , , , |

It’s the end of January and global markets are shifting.In the US and Europe, the stock markets have pulled back 2-3% after a very strong 2013. But emerging markets are down almost 10% after last year’s lackluster returns. What’s going on?When the Fed announced last June that they were ready to slow the expansion of their balance sheet, emerging markets balked. They had grown accustomed to massive cash-flows from the developed world. With the Fed signaling that [...]

The Developing Middle

By |2011-12-21T22:59:56+00:00October 19th, 2011|Categories: Global Market Update|Tags: , , |

So where do you invest now? One approach is to look for emerging social trends and climb aboard. By investing in companies that cater to a growing market, you can start small and watch your investment grow over time. T. Rowe Price developed the discipline of “growth investing” some decades ago, and it is still a valid […]

Emerging Issues (Part 2)

By |2011-12-21T22:37:17+00:00August 9th, 2011|Categories: Global Market Update|Tags: |

So, emerging markets are risky. We already knew that. But since they’re going to be the locus of growth for a while, how should we invest? Certainly direct investing in emerging market companies is possible. Many of these are listed in the US via American Depository Receipts, or ADRs. These allow foreign companies to list their shares on a US exchange. And if you had purchased Infosys, the giant Indian information systems […]