Tag Archives: Brazil

PetroBlahs

Posted on August 7, 2012 by macromon

This dog has hurt us big time over the years. So much for state-directed capitalism and one reason, in our opinion, why the markets are shitting BRICs! Back in 2008 Goldman Sachs listed Petrobras’ share price at $60, now-a-days it … Continue reading →

Posted in BRICs | Tagged , , | Leave a comment

‘The Girl From Ipanema’ Turns 50 – WSJ

Posted on July 2, 2012 by macromon

Great video from the Wall Street Journal.   Didn’t know the Girl is real. As she the song turns fiddy let’s hope the BOVESPA chart starts to turn up! (click here if video is not observable)

Posted in BRICs, General Interest | Tagged , , | 2 Comments

OECD leading indicators point to diverging economic activity

Posted on June 11, 2012 by macromon

The OECD reported today, Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend continue to point to divergence between economies. The CLIs for Japan, the United States and Russia continue to signal improvements in … Continue reading →

Posted in Black Swan Watch, BRICs, China | Tagged , , , , , | 2 Comments

Dropping Like a BRIC: Bovespa Turns Negative For Year

Posted on May 15, 2012 by macromon

After leading global equity markets for the first two months of the year,  the Brazilian Bovespa has fallen like a BRIC since hitting its 68,970 high on March 14th.  We noted the index broke its 200-day yesterday and with today’s … Continue reading →

Posted in Black Swan Watch, BRICs, Commodities | Tagged , , , , | 5 Comments

Shorts Send Out Mayday As ISM Surprises

Posted on May 1, 2012 by macromon

Wow! Check out the market reaction to the ISM this morning.  Many were caught off guard and even shorting just minutes before the number expecting a weaker print on the back of the weaker regional PMIs.   We were surprised, but, … Continue reading →

Posted in Economics, Equities, Uncategorized | Tagged , , , , , , , | Leave a comment

Ruchir Sharma: Breakout Nations and the Commodity Bubble

Posted on April 18, 2012 by macromon

This CNBC Fast Money interview with Ruchir Sharma is a must view.  His newly published book, Breakout Nations, also looks like a must read and is in definitely on our reading list. Sharma also has a good piece in The … Continue reading →

Posted in BRICs, Commodities, Crude Oil, Uncategorized | Tagged , , , | 6 Comments

Building the New World Order: BRIC By BRICS

Posted on March 31, 2012 by macromon

(click here if video is not observable)

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

China and Brazil Equity Markets Rolling Over

Posted on March 28, 2012 by macromon

The Brazilian Bovespa, which has been one the best performing global equity indices in 2012,  looks like it’s rolling over.   It was down 1.62 percent today and closed below its 50-day moving average for the first time this year.   Brazil’s … Continue reading →

Posted in Black Swan Watch, BRICs, China | Tagged , , , | Leave a comment

Charlie Rose: Arminio Fraga In the Greenroom

Posted on March 20, 2012 by macromon

Great short piece – 3:37 minutes — with our friend and former colleague, Arminio Fraga.   He discusses his first job; gives career advice; his career low and high points;  current work;  favorite books; and the greatest challenge facing Brazil.    … Continue reading →

Posted in BRICs, Interviews, Whales | Tagged , , | Leave a comment

Can Petrobras Breakout?

Posted on January 16, 2012 by macromon

Petrobras  is one stock we’re monitoring closely in 2012.  One of the largest company’s in world, its stock has has moved to the upper bound of the well defined two month trading range between $24 and $28.50.   The stock was … Continue reading →

Posted in BRICs, Equities | Tagged , , , | 1 Comment