Comments on: The Five Most Promising Emerging Markets ETFs for 2009 http://moneymorning.com/2009/01/30/emerging-markets-2009/ Global Investment News Wed, 17 Mar 2010 17:22:40 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Lester Golden http://moneymorning.com/2009/01/30/emerging-markets-2009/comment-page-1/#comment-5097 Lester Golden Mon, 10 Aug 2009 20:32:23 +0000 http://www.moneymorning.com/?p=4609#comment-5097 The idea that the Baltic states are "fairly uncorrupt" is utterly laughable. Live in Riga for awhile, where I have since 2005--and investing since 1998--and learn what a zero-accountability political and legal system looks like. By comparison, Berlusconi's Italy looks like Sweden or Minnesota. What we have here is modernized feudalism, where the oligarchs make their own rules. That was the real point of the Latvian finance minister's comment in the Financial Times that the "Yale educated guys at the IMF don't know what's going on in Latvia." What he meant was, I can't make any of these oligarchs pay taxes. But, as the former finance minister said in his laughably illiterate Bloomberg interview last year, "nothing special." Those are two of the 3 English words my Latvian grandson knows. The idea that the Baltic states are “fairly uncorrupt” is utterly laughable. Live in Riga for awhile, where I have since 2005–and investing since 1998–and learn what a zero-accountability political and legal system looks like. By comparison, Berlusconi’s Italy looks like Sweden or Minnesota. What we have here is modernized feudalism, where the oligarchs make their own rules. That was the real point of the Latvian finance minister’s comment in the Financial Times that the “Yale educated guys at the IMF don’t know what’s going on in Latvia.” What he meant was, I can’t make any of these oligarchs pay taxes. But, as the former finance minister said in his laughably illiterate Bloomberg interview last year, “nothing special.” Those are two of the 3 English words my Latvian grandson knows.

]]> By: Looking For the Next Global Profit Play? Take a Look at These Emerging Market ETFs http://moneymorning.com/2009/01/30/emerging-markets-2009/comment-page-1/#comment-5096 Looking For the Next Global Profit Play? Take a Look at These Emerging Market ETFs Wed, 20 May 2009 10:14:03 +0000 http://www.moneymorning.com/?p=4609#comment-5096 [...] Money Morning: The Five Most Promising Emerging Markets ETFs for 2009. [...] [...] Money Morning: The Five Most Promising Emerging Markets ETFs for 2009. [...]

]]> By: Ashish http://moneymorning.com/2009/01/30/emerging-markets-2009/comment-page-1/#comment-5094 Ashish Sat, 31 Jan 2009 15:15:09 +0000 http://www.moneymorning.com/?p=4609#comment-5094 Martin, your Essay is more or less spot on.With one exception.I would India in the list of ETFs investors should look out for. Mainly on account of three measures: 1) The More Business Friendly BJP is due to win National Polls in India this year.That will push Markets up dramatically as a feel good factor. 2)India and Overseas Indians(NRIs),hold huge amounts of Savings and Capital that is just waiting to be deployed in India ,on getting a positive signal-This Pool of Capital ,between USD 50-150 Billion ,can make a massive difference to Indian Equities. 3) All Cash Rich Sovereign Funds who have gotten badly burnt in Western Markets are now actively looking at Indian among other Asian Investments.Even Singapore is actively looking at Indian Investments and they like current valulations. Do not be surprised if India shoots up dramatically by December 2009.(30% -40% gains) Regards Ashish. Martin,

your Essay is more or less spot on.With one exception.I would India in the list of ETFs investors should look out for.

Mainly on account of three measures:

1) The More Business Friendly BJP is due to win National Polls in India this year.That will push Markets up dramatically as a feel good factor.

2)India and Overseas Indians(NRIs),hold huge amounts of Savings and Capital that is just waiting to be deployed in India ,on getting a positive signal-This Pool of Capital ,between
USD 50-150 Billion ,can make a massive difference to Indian Equities.

3) All Cash Rich Sovereign Funds who have gotten badly burnt in Western Markets are now actively looking at Indian among other Asian Investments.Even Singapore is actively looking at Indian Investments and they like current valulations.

Do not be surprised if India shoots up dramatically by December 2009.(30% -40% gains)

Regards

Ashish.

]]> By: Abid http://moneymorning.com/2009/01/30/emerging-markets-2009/comment-page-1/#comment-5093 Abid Sat, 31 Jan 2009 13:59:05 +0000 http://www.moneymorning.com/?p=4609#comment-5093 Dear your comment on India, may not be that correct. Some sectors of Indian economy have shown good numbers like education, telecom, drug, FMCG, Banking (govt) Sector. The good part of India is high domestic demand and what is being produced can be consumed inhouse. It is price sensitive econmy. With cost cutting and price reduction it can survive and thrive. The per capita consumption of energr, steel and other paramerts are much less than USA. Indian have high saving rate. Today the demand is driven by govenment spending. I see avery good future for Indian econmy. Dear your comment on India, may not be that correct. Some sectors of Indian economy have shown good numbers like education, telecom, drug, FMCG, Banking (govt) Sector. The good part of India is high domestic demand and what is being produced can be consumed inhouse. It is price sensitive econmy. With cost cutting and price reduction it can survive and thrive.
The per capita consumption of energr, steel and other paramerts are much less than USA. Indian have high saving rate. Today the demand is driven by govenment spending.
I see avery good future for Indian econmy.

]]> By: ECONOMICS 101: Why Obama’s Stimulus Will Make the Economy Worse and How We May Lose Our Liberty — But As For Me http://moneymorning.com/2009/01/30/emerging-markets-2009/comment-page-1/#comment-5095 ECONOMICS 101: Why Obama’s Stimulus Will Make the Economy Worse and How We May Lose Our Liberty — But As For Me Sat, 31 Jan 2009 03:51:35 +0000 http://www.moneymorning.com/?p=4609#comment-5095 [...] The Five Most Promising Emerging Markets ETFs for 2009 [...] [...] The Five Most Promising Emerging Markets ETFs for 2009 [...]

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