Global Investing

from Jeremy Gaunt:

Getting there from here

September 1, 2011

Depending on how you look at it, August may not have been as bad a month for stocks as advertised. For the month as a whole, the MSCI all-country world stock index  lost more than 7.5 percent.  This was the worst performance since May last year, and the worst August since 1998.

Clinging to hope in bear-bitten Russia

August 19, 2011

Poor Russia. After spending six months as the world’s best performing emerging market, the Moscow bourse  has been the big loser of this month’s rout – year-to-date returns of over 10 percent until mid-July have since dissolved in a sea of red, with a plunge of over 20 percent since the start of August. As oil prices fell and the outlook for U.S. and European growth darkened, overweight positions in Russia halved versus July, a survey by Bank of America/Merrill Lynch showed this week.

Indian stocks — buyers trickling back?

April 18, 2011

Last week snapped a three-week winning streak for Indian stocks — the first since last September for this year’s emerging markets laggard.  India,  an oil importer and a domestic demand play with high inflation, has languished this year in comparison with fellow-BRIC Russia which has returnedBRICS-TRADE/SUMMIT 14 percent so far, thanks to the $125/barrel oil price. But could the market be turning? Indian stocks, down 20 percent at one point in February, have cut their losses to 6 percent so far this year. And there are signs fund managers are piling back in.

Indian stocks — is the gloom about to lift?

March 10, 2011

INDIA-ECONOMY/BUDGETIs the gloom finally starting to lift  for Indian stocks? Deep in the red this year, the market has nevertheless risen 3 percent in March. That’s despite oil’s surge over $100 a barrel. So what gives?

from MacroScope:

The promise of middle age

February 28, 2011

The wave of popular discontent now sweeping the Middle East and North Africa has been driven by the region's youth, frustrated by chronic umemployment and enraged by widespread corruption.

Inside the Reuters investment polls

February 1, 2011

The headline news from our Reuters asset allocation polls this month was that not much has changed from December in terms of overall investment positioning, but that there was a decided shift from emerging markets and European stocks to North America.

BRICs chipped

January 4, 2011

It may come as a bit of a surprise but in the end developed market stocks did quite well last year. For one thing, they outperformed the much-touted BRICs (Brazil, Russia, India and China). Here is the graphic to show it.

The best stocks of 2010

December 27, 2010

For all the doom and gloom associated with the broader economy—historic unemployment in the United States, debt woes and mandated austerity in Europe—it’s been a remarkably positive year for the stock market. As we enter the last week of 2010, the S&P 500 index is up nearly 13 percent for the year. That’s far from a record (1954 witnessed a breakneck 45 percent rise), but at least the index this year climbed above the level hit before Lehman Brothers declared bankruptcy in September, 2008. The stock comeback story is not unique to America, either; this week, Korea’s stocks hit their highest level in more than three years.

Solar activities and market cycles

November 29, 2010

Can nature’s cycles enrich our finance and market theories?

Market predictions based on the alignment of the sun, moon and the earth and other cycles could help investors stay disciplined and profit in economic storms, says Daniel Shaffer, CEO of Shaffer Asset Management.