Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Personally, with inflation and things like the Brazil decision, I think there's a lot of concern about emerging markets and issues that are not being discussed very much in the financial media.
I do think that people should invest in emerging markets and I think - to some degree - EM debt, but be willing to have a long-term viewpoint because the short-term could become increasingly rocky. While I'm concerned about what EM debt has done lately, anyone looking to start a position in a more conservative (by comparison) EM debt play should use this downturn in Hasenstab's terrific fund to start a position.
One other note, some companies still see growth, as Yum dumps A & W and Long John Silver to focus on expanding in EM's.
Comments
http://www.bloomberg.com/news/2011-09-23/hasenstab-s-templeton-global-bond-fund-loses-7-7-as-asian-currencies-fall.html
http://www.zerohedge.com/news/financial-warfare
I'd suggest reading this on Brazil's decision to slap a 30% tariff on certain imports from China:
http://www.ibtimes.com/articles/218488/20110922/brazil-tariff-china-trade-war.htm
And Protectionism in Brazil: http://www.economist.com/node/21530144
More from Jim Rogers: http://wallstreetpit.com/84285-the-current-dire-straits-jim-rogers
Personally, with inflation and things like the Brazil decision, I think there's a lot of concern about emerging markets and issues that are not being discussed very much in the financial media.
I do think that people should invest in emerging markets and I think - to some degree - EM debt, but be willing to have a long-term viewpoint because the short-term could become increasingly rocky. While I'm concerned about what EM debt has done lately, anyone looking to start a position in a more conservative (by comparison) EM debt play should use this downturn in Hasenstab's terrific fund to start a position.
One other note, some companies still see growth, as Yum dumps A & W and Long John Silver to focus on expanding in EM's.
http://www.businessweek.com/news/2011-09-22/yum-brands-sells-a-w-long-john-silver-s-chains-separately.html