Nigel Rendell Says Sell Eastern Europe, Buy Brazil

Nigel Rendell, emerging market strategist of RBC Capital Markets, talks to Izabella Kaminska of FT Alphaville about a broad spectrum of emerging-market related issues.

Part 1:
Rendell talks about the differing fortunes of economies from Russia to Argentina. He says Brazil remains a great pick outside Asia.

Click here or on the image below to view the video.

Part 2:
With many analysts bullish on Chinese growth, the big challenge for investors is gaining exposure. Rendell says Korea and Taiwan offer the best proxy plays.

Click here to view Part 2 of the interview.

Part 3:
With interest at record lows in developed economies, investors are increasingly looking for yield in emerging markets. Rendell comments on whether this inflow of money is creating a fresh bubble.

Click here to view Part 3 of the interview.

Source: Izabella Kaminska, Financial Times (here, here and here), November 9, 2009

Comments

[Al in Oregon:]

On Nov 11 07:02 PM Harvard_trader wrote:

> Can anything stop this bull market?


Yup. Obama, Pelosi, Reed, Geithner & Bernanke are working hard at it. I give them better than even odds at success.

Nov 11 10:13 PM