Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to questions@spamdex.co.uk

Also in info2.eaglefinancialpublications.com

The Global Guru: How The BRICs Came Down to Earth

If you are on a mobile device or cannot view the images in this message view this email in your web browser.
To ensure future delivery please add financial@info2.eaglefinancialpublications.com to your address book or contacts.

09/01/2015
How The BRICs Came Down to Earth

THIS Will End Up Being the Biggest Profit Story of 2015
This sounds like something out of a movie -- but it’s absolutely true. Right now, a small, dirt-poor island nation is about to practically take control of the $234 billion-a-year bio-pharma industry!

Profits of up to 10,000% await if you move fast… and if you play it exactly right. Click here now to learn how to cash in on the once-in-a-lifetime opportunity created by this “Miracle Island.”

Click Here Now!

The popularity of the acronym “BRICs” -- which stands for the fast-growth economies of Brazil, Russia, India and China -- spread like wildfire in the post-financial-crisis world.

Coined by ex-Goldman Sachs economist Jim O’Neill in 2003, the BRICs came to symbolize the shift in global economic power away from the developed G7 economies and toward the developing world.

Not so long ago, the rise of the BRICs seemed inevitable.

After all, together, the BRICs encompass more than 25% of the world’s land mass and 40% of the world’s population. And the combined Gross Domestic Product (GDP) of the BRICs exceeds that of the United States.

And if you adjust for Purchasing Power Parity, together the BRICs already account for 52% of the planet’s GDP.

In 2010, Standard Chartered Bank predicted China would overtake the United States to become the world’s largest economy by 2020. And China’s economy would be twice as large as the United States’ by 2030 and account for 24% of global GDP. U.S. jobs were migrating to Indian outsourcers. Brazil was finally set to take its place among the world’s great economic powers, with its economy having overtaken the United Kingdom's in size.

No wonder that investors poured money into the BRIC stock markets in the expectation that their profits would echo the rise to global prominence of these newly dominant economies.

Alas, things did not quite turn out that way.

BRIC Investing Gone Bust

After the financial meltdown of 2008, many investors favored BRICs over stagnant, old-world economies like the United States.

Yet things turned out differently.

Even as U.S. markets still trade within striking distance of their all-time highs, the MSCI BRIC Index now languishes 48% below its 2007 peak.

No wonder BRIC investors are pulling in their horns.

Below is a quick look at how BRIC investors in the United States have fared in the recent market turmoil.

I. China - Deutsche X-trackers Harvest CSI300 CHN A (ASHR)

The Chinese stock market has been in the headlines often of late, collapsing pretty much as I had predicted in early June.

The latest news is that the Chinese government has thrown in the towel on supporting the stock market in a $200 billion spending spree funded by the central bank, local brokerages and commercial banks. Attention has shifted to Chinese journalists, who now are “confessing” to writing stories that stoke panic in the markets.

In the meantime, bad loans at China’s banks have soared, with ICBC’s book of bad loans soaring by 28% last quarter alone. And the banking sector is often the canary in the coal mine about more bad things to come.

In any case, the “this time it’s different” conviction that seemed to undergird China’s dominance in the world has waned along with the size of investors’ portfolios in the Chinese markets.

Deutsche X-trackers Harvest CSI300 CHN A (ASHR) has fallen 35.88% over the past three months.

ashr_0901

The Truth Behind Vanguard’s Warning to Advisors
We recently received a reminder of just how volatile the market can be. The 1,000-point Dow drop was certainly a shocking event, and industry titan Vanguard claims this could be the start of a “lower growth world.” If only that were the case...

One leading market advisor -- a man with nearly four decades of market timing experience -- is now predicting that this could be the sign of much worse things to come. When you click here to read his new research, not only will you discover why over 30% of your investments could quickly disappear… you’ll learn the three simple steps to take to protect your wealth from what could be the “next 2008 moment.” Click here now to learn their names and how to play them for gains of up to 15.6%!

Click Here Now!

II. Brazil - iShares MSCI Brazil Capped (EWZ)

The knock-on effects of the Chinese slowdown are particularly evident in Brazil, as its commodity bet on China has turned sour. Brazil’s exports to China tumbled by an astonishing 19% in the first seven months of this year. Economic growth in Q2 came in worse than expected at minus 1.9%. Put another way, on an annual basis, Brazil’s economy contracted by a whopping 7.2%. Inflation is nudging double digits. The government is cutting back spending, exacerbating the contraction. Wealthy Brazilians are abandoning ship, snapping up properties in southern Florida.

As one commentator put it in the Wall Street Journal, “Brazil mania has turned to Brazil nausea.”

iShares MSCI Brazil Capped (EWZ) has fallen 21.46% over the past three months.

ewz_0901

III. Russia - Market Vectors Russia ETF (RSX)

Senator John McCain once dismissed Russia as “a gas station with a country attached.” Over the past 18 months, Russia has been hammered by the oil price and the costs of its increasing economic isolation and political adventurism.

At the same time, Russia is a value investor's dream: it is both hated and cheap.

In fact, Russia is the second-cheapest market in the world on a long-term Cyclically Adjusted Price Earnings (“CAPE”) basis.

Trading at a price-to-earnings (P/E) ratio of about 4.8, and a price-to-book ratio of 0.7, the Russian market trades at about half of the level of the broader MSCI Emerging Markets Index. Gazprom, the world’s largest natural gas producer, trades at a P/E ratio of 5.

Here’s the biggest surprise. Despite the pullback in recent months, Russia is up 14.97% for 2015. That makes it the third-best-performing market of 2015 among the 47 markets I track at my firm, Global Guru Capital. NOTE: Global Guru Capital is a Securities and Exchange Commission-registered investment adviser and is not affiliated with Eagle Financial Publications.

Market Vectors Russia ETF (RSX) has fallen 11.24% in the past three months.

rsx_0901

The Best Dividend Toolkit Available
Between today’s skyrocketing costs of living, disappearing pensions, a rocky stock market and measly interest rates, many Americans are worried about maintaining a steady stream of income to get them through their golden years. But what if I were to tell you there exists a resource that gives you a thorough glance at your portfolio to tell you how much dividend income you'll receive from it, and allows you to research and locate “Dividend All-Stars?"

Ryan M. from Michigan says, "I don't make any stock selection prior to consulting www.DividendInvestor.com.”

This user-friendly site contains all of the tools you need to seek out, and profit from, the best income-producing stocks in the market today. Click here now to put it to work for your portfolio.

Click Here Now!

IV. India - WisdomTree India Earnings ETF (EPI)

India has long suffered in the shadow of China. No wonder Indian officials are working hard not to gloat at the Chinese economy’s well-publicized stumbles.

That’s largely because India’s GDP growth forecast for 2015 of 7.7% exceeds China’s estimated 6.9%. And that’s assuming you accept China’s seriously fuzzy economic statistics.

That said, critics are equally suspect of India’s projections, which seem too good to be true. Most worrisome is that Prime Minister Modi’s reforms have bogged down in parliament, as investment in industry and infrastructure has ground to a halt.

WisdomTree India Earnings ETF (EPI) has fallen 11.29% over the past three months.

epi_0901

No ‘Cheery Consensus’

For all the hoopla surrounding the BRICs, this highly fêted group has turned out to be a bust for investors making a one-way bet.

Meanwhile, growth in emerging markets is only slowing. Projected growth of 3.6% in emerging markets in 2015 is the lowest since 2001, excluding the crisis year of 2009.

And if China’s growth is actually 4%, and not 6.9%, that emerging markets growth number withers to 2.7%.

About the only thing that the BRICs have going for them is that they have become among the most hated markets on Earth.

And as Warren Buffett has noted, “markets pay dearly for a cheery consensus.”

Certainly, the current sentiment surrounding the BRICs is anything but cheery.

In case you missed it, I encourage you to read my e-letter column from last week about why it might be a good time to invest. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.

Sincerely,
Nicholas Vardy
Nicholas A. Vardy
Editor, The Global Guru

Subscribe to my Newsletter and Trading Services.
Follow me on Twitter.
Check out my Blog.
To ensure future delivery of Eagle Financial Publication's emails please add the domain @info2.eaglefinancialpublications.com to your address book or contact list.

This email was sent to because you are subscribed to the Nicholas Vardy's The Global Guru List. To unsubscribe or update your delivery preferences, please click here.


If you have questions, please send them to Customer Service.

Eagle Financial Publications - Eagle Products, LLC. - a Caron Broadcasting Company
300 New Jersey Ave. NW, Suite 500 | Washington, D.C. 20001

© 2015 Eagle Financial Publications. All rights reserved.



---------------------------

All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.


Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to questions@spamdex.co.uk | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at questions@spamdex.co.uk. Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See https://archive.org. Spamdex is in no way associated though. Supporters and members of http://spam.abuse.net Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.