Category Archives: BRICs

THICK AS A BRIC – U.S. Stocks Outperform Star E.M.s

Posted on December 24, 2010 by macromon

To the surprise of many, the U.S. stock indices are set to outperform those of the beloved BRICs in 2010.   As of December 23rd, China and Brazil are down for the year with the Russian RTS the top performer, up … Continue reading →

Posted in BRICs, Charts, China, Currency, Equities, Uncategorized | Tagged , , , , | Leave a comment

IMF Concludes 403.3 Tonne Gold Sale

Posted on December 21, 2010 by macromon

The International Monetary Fund announced today they have concluded their sale of 403.3 metric tonnes of gold, which was approved by the Executive Board in September 2009.   From the press release, These sales are a central element of the new income … Continue reading →

Posted in BRICs, Gold | Tagged , , , | 3 Comments

Brazil Rising

Posted on December 12, 2010 by macromon

Great 60 Minutes piece on Brazil tonight.   Lula looks great!  But who wouldn’t if they were leaving office with a 70 percent approval rating.   Check it out.

Posted in BRICs, Video | Tagged , , | Leave a comment

U.S. Equities Gettin’ Jiggy…No Love for the Haters

Posted on December 10, 2010 by macromon

The Christmas Ramp continues as stocks remain firmly bid even going into this weekend’s monetary event risk in China.   There’s a whiff of panic as under allocated investors watch the markets runaway and refuse to correct (see chart below). The … Continue reading →

Posted in Bonds, BRICs, Charts, China, Equities, Video | Tagged , , | Leave a comment

Gold Spike Coming? Straw BRICs to Gold BRICs

Posted on December 6, 2010 by macromon

There’s lots of chatter about China buying gold.  It was a big factor in Friday’s $30 move.  Jim Cramer was all over it, pounding the table the “secular trend” is not going away. The Wall Street Journal reported Friday, Data … Continue reading →

Posted in BRICs, China, Gold | Tagged , , | 4 Comments

China Rising: THE MARKET for Exports

Posted on November 20, 2010 by macromon

We thought these charts of export markets from Barclays Capital to be very illustrious of the dynamic changes taking place in global trade.  China is becoming a larger export market than the U.S. for many countries, including Australia, Brazil, Korea, … Continue reading →

Posted in BRICs, China, Equities, Geopolitical, Policy, Politics | Tagged , , , , , , , | 4 Comments

Stat of the Day: Average Daily Return on Up Days…..

Posted on November 15, 2010 by macromon

We thought this is an interesting statistic.   Of the major equity markets we track, the Brazilian Bovespa ranks número um in terms of the average daily return on up days.  We need to do further work on this,  controlling for … Continue reading →

Posted in BRICs, China, Equities | Tagged , , , | Leave a comment

Jeremy Grantham CNBC Interview

Posted on November 11, 2010 by macromon

Run don’t walk to CNBC’s extended interview with Jeremy Grantham, chief investment strategist at Grantham Mayo Van Otterloo (GMO).  Click here for the interview. He begins commenting on the Fed’s attempt to stimulate growth through the  “wealth effect,” noting that … Continue reading →

Posted in BRICs, China, Commodities, Crude Oil, Currency, Equities, Gold, Monetary Policy, Policy, Whales | Tagged , , | 1 Comment

Dilma Rousseff – “The last time there was a series of competitive devaluations…it ended in world war two.”

Posted on November 9, 2010 by macromon

These are harsh words from Brazil’s president-elect Dilma Rouseff, who was speaking at a joint press conference with outgoing president, Luiz Inacio Lula da Silva last Wednesday.  She joins a chorus of world leaders condemning U.S. monetary policy and sets … Continue reading →

Posted in BRICs, China, Commodities, Currency, Gold, Monetary Policy, Policy, Politics | Tagged , , , | 1 Comment

‘Firewall needed’ to prevent cash surge – China Daily

Posted on November 4, 2010 by macromon

We have written in numerous posts about John Bull’s “Tsunami of Dollars” flooding into the emerging markets.   China Daily writes, China should “set up a firewall” as uncontrolled dollar printing in the United States will drive more liquidity into … Continue reading →

Posted in BRICs, China, Commodities, Credit, Currency, Equities, Gold, Monetary Policy | Tagged , , , | Leave a comment