Posts Tagged ‘russia’
Crimea Annexation; the implications for global capital allocation
Around geopolitical events, political posturing is generally the short-term focus for all parties involved, and markets, but the longer-term implications are often unrelated to what is obvious in the short-term. The despotic approach of Vladimir Putin, and his “damn the torpedoes” approach to dealing with market/economic consequences exacerbates this effect. A fascinating take on…
Read MoreHeinz – An Emerging Market Food Leader
Heinz (HNZ) had an Analyst Day on Thursday last week with about four hours of management presentations and Q&A posted on the investor relations section of the Heinz website. This presentation is a wonderful way to understand the Heinz business model and appreciate the strategic vision of the company. Heinz stock had a relatively strong…
Read MoreWelcome to the World, North Korea – Investment Opportunities Will Eventually Sprout
North Korea has been isolated since the disintegration of the Soviet Union in 1991. Significant amounts of communist aid ceased, and the fall of communism across Eastern Europe ultimately had a profound impact on the Democratic People’s Republic of Korea for the next two decades. North Korea was figuratively and literally off the grid as…
Read MoreEmerging Market Currencies Signaling More Risk Aversion
For almost a decade, emerging markets have been in a bull market with high growth rates, declining interest rates, and capital inflows. During the financial crisis, emerging markets were hit like financial assets around the world, and capital flowed out of the asset class. Over the course of 2010, and most of 2011, emerging market…
Read MoreMcRally – McDonald’s Posts Excellent Results with no Slowing in Europe
McDonald’s posted an excellent set of results this morning and the quality of the reported earnings was very high because it came at an abnormally high tax rate. McDonald’s global same store sales came in at 5.0%. The results continue to confound many analysts and investors who fear that McDonald’s growth is not sustainable –…
Read MoreEM Stock Markets – Destabilized by Currency Sell-offs and Capital Outflows
Developed market equities are attempting to stabilize based on additional talks from Eurozone leaders who are meeting with the IMF and reported to be discussing items such as expanding the size of the EFSF, creating a TARP-EU, and recapitalizing more of the European financials. Developed market investors are attempting to look ahead during scary times.…
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