Update Market Vectors Brazil ETF (BRF)
The fundamentals are improving in Brazil–but right now it’s global cash flows that are driving emerging market stocks. In the long run I want Brazil in my portfolio because of those improving fundamentals . In the short run I want to own Brazilian stocks...At last real job creation–in Brazil
More evidence from Brazil that the global recession is over–in that economy. Figures released on September 17, 2009, show that the Brazilian economy created a net 242,126 formal jobs in August. Net formal job creation for the year stands at 680,034. Add that to...Brazil adopts a China-style industrial policy–and the target is China
The Brazilian government has told Vale (VALE), the country’s largest iron-ore producer (and either No. 1 or No. 2 in the world) that it has to do more to build up the Brazilian domestic steel industry rather than just selling iron ore to Chinese steelmakers....Chinese stocks crack: Time to go bargain hunting–in Brazil
The Shanghai Composite stock index closed down 5% on July 29. The intraday damage was worse with stocks down 7% at one point. The rout wasn’t surprising. The Shanghai market was up almost 80% for 2009. And rumors have been swirling in recent days that officials...
Buy Vale (VALE)
Formerly known as Companhia Vale do Rio Doce, this Brazilian company is the second largest producer of iron ore in the world. The company’s iron ore mines are the lowest-cost producers in the world.Jim’s Daily Email Alerts:
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