SPDR S&P Emerging Markets ETF (GMM)

All Comments on GMM

  • commenter
    Oct 11 11:07 AM
    U.S. vs. the World: Sectors Matter [view article]
    The World Financial Crisis & Global Warming Connection

    On Nov. 8, 2016 as a result of a change to the US constitution, the US congress and the senate allowed George W. Bush to run for president of the United States in hopes of resolving the Financial Crisis and World Depression that began in 2008.
    After 8 years of depressed world economies, Bush ran a platform that convinced the United States people that aliens from Mars were responsible for the World Financial Crisis of 2008 and Global Warming. His campaign claimed aliens were living below the surface of the earth’s oceans and dumping Martian CO2 weapons of mass destruction from vent portals into the earth’s atmosphere. He claimed that the aliens living below the ocean surfaces were responsible for the disappearance and sinking of planes and ships, for example planes in the Bermuda triangle and the sinking of the Titanic. He went on to state, that the reason flying saucers appear and disappear is because the land in the oceans of the world.
    He also convinced the world that Martians and not the Chinese, were responsible for circumvention of the flow of American trade dollars and the trade imbalances throughout the world economies thereby causing the World Financial Crisis. He claimed the Martians had been sucking up US greenbacks for years using an interstellar banking system and depositing them on Mars to absorb the Sun’s rays and warm the surface, hence the green planet. He went on to say, that the shortage of US greenbacks had left the US with insufficient cash to pay off its trade deficit for years.
    Once elected in 2016 Bush declared war and sent 1,000,000 troops to Mars to fight the aliens. After a successful 1 year campaign without a casualty, all 1,000,000 troops returned to earth in celebration with a victory parade in New York. Though no Martians were ever captured and taken prisoner, and no green backs ever recovered, large quantities of CO2 weapons of mass destruction were found. Bush stated that the greenbacks could not be recovered from Mars because US scientists believed removing them would increase the risk of Global Warming by reflecting more of the sun’s ray towards the earth. To replace the greenbacks now on the surface of Mars, Bush convinced Congress that the US greenbacks must be replaced. He ordered the printing of 10 trillion US greenbacks the aliens had taken to Mars. This action quickly re-established the booming world economies once again.
    Though the investigative reporting of CNN’s Larry King and his guests claimed no Martians or greenbacks ever existed on Mars and that no troops were ever dispatched, it could never be proven.
    In 2018 the US declared War of the Underworlds. Bush rationalized that the world must rid the Martian aliens that he claimed that had resided below the surfaces of the Pacific and Atlantic oceans for hundreds of years. In addition to the fences built across the Canadian and Mexican borders and atmospheric saucer nets, he had the nations of the UN sign a War Measures Act that gave the US control of all world oceans. Since the Martians were dumping carbon dioxide into the earth’s atmosphere, US scientists believed it was poisonous to their own metabolism. The US’s secret weapon to fight the Martians was using their own weapon of mass destruction, injection of carbon dioxide into the oceans. To avoid burdening the US tax payers of the cost of the war, the UN ordered the world economies to pay for the War of the Underworlds. Since the US was the only nation that had never reduced CO2 emissions, it now was the only nation capable of providing the weapons. The US required that the world nations pay a trade credit of $1000 to the US for each tonne of CO2 that the US produced and injected into the oceans. To step up the War of the Underworlds the US ordered more coal fired plants built for the production of more CO2.

    With the flow of US greenbacks re-established, the world economies booming once again and the oceans being injected with CO2 to keep Martians from living there in the future, George W. Bush was declared an International hero and awarded the Nobel Peace and BS prize in 2020.

    George Gorski
    Oct. 11, 2011
    Reply
  • commenter
    Oct 10 03:00 PM
    U.S. vs. the World: Sectors Matter [view article]
    Excellent point, cogently presented. Thank you. Reply
  • commenter
    Oct 10 10:53 AM
    U.S. vs. the World: Sectors Matter [view article]
    The basic idea is that you have to know what the construction of your ETF or fund is. OK.

    Not sure if using 10/07/2008 as a benchmark date is a good compare point. If you had used 1 year ago, before our banking collapse, I'm guessing you wold have seen a different spread.

    Thanks though! jegan
    Reply
  • commenter
    Aug 25 02:56 AM
    My Website
    Fundamental Analysis for Central and Eastern Europe Emerging Markets [view article]
    You could go long a eastern Europe fund, and short a pure Russian fund. Reply
  • commenter
    Jul 02 01:01 PM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    For johndough,
    I pretty much agree with you. How can there be roaring inflation without real estate also going up? The other advantage is the a buyer can still get pretty reasonable financing for a fixed rate for a very long term. The possibility of rising rates will dampen any gains for a bit. But, people have easily paid rates above 8% in the past and we still had a very healthy price rise in Real Estate.

    Higher inflation = higher nominal incomes = ability to make larger $$$$ payment for shelter. Pretty good inflation hedge that can be safely financed - just send in the payment and they will leave you alone. Get a 50% LTV mortgage and let it ride.
    Reply
  • commenter
    Jul 02 10:07 AM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    The contribution from Food and Fuel to emerging market inflation indices is far higher than the US. Also they do not have banking crises and credit crunches to deal with. Stop whining, you folks in the US still have a good life you know.... Reply
  • commenter
    Jul 01 11:28 PM
    My Website
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    To the idea of buying rental property now. I can't imagine it's still yet ok when median house price / median household income in the US is still way too high. 2007 it was 4.07. It avaraged about 2.7 in 1980, 1990 and 2000. So, in the aggregate, house prices have much further to fall.

    This fall will cripple finance companies who've overlent Americans. Should take a full 3 years before bottoms. Get ready for the next great depression.
    Reply
  • commenter
    Jul 01 09:35 PM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    No I am not a realtor. That's my disclosure. But in times of tremendous inflation wouldn't it be, if you had the cash, a good idea to pick up a couple of rental properties? I mean, as a hedge against inflation over time (plan on keeping it 5-10 years) couldn't it be a wise move assuming you picked a great location and got a stellar deal? Reply
  • commenter
    Jul 01 03:12 PM
    My Website
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    Agree with Jozap, going from having 25 years of stellar growth and a fantastic quality of life to bust in a nearly a microsecond is destabilizing beyond belief. Not that it's right or fair, but emerging economies more or less lived this way since times indefinate. Also, this conceited government should be bending over backwards to appease the international community for our global theft. No doubt we'll be raising rates, I am getting tired of these same articles focused on the gnat when we are about to be forced to swallow the camel. So we raise rates to 2.25%? Rates will need to go much higher, think Paul Volker to combat this inflation and correct our nation's dillusion thinking about economics and life in general. Reply
  • commenter
    Jul 01 10:56 AM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    Well, your comments would be good, except that US inflation rate is really in the 14% range.

    The items bought by 90% of all households on a daily basis have an even higher inflation rate.

    And this is the US, not Vietnam. Compairing apples to oranges doesn't work for me.
    Reply
  • commenter
    Jul 01 10:21 AM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    So, Vietnam has a 26% inflation, and they're offering 18% interest?

    And that's considered "inflation fighting"? It's not. Not until it's LARGER than the inflation number.
    Reply
  • commenter
    Jul 01 09:55 AM
    Think Inflation in the U.S. Is Bad? Listen Up [view article]
    Lots of countries with a currency peg to the US dollar face double digit inflation for some time now.
    And even now lots of them would like to keep the peg in place while commen sense would be to peg it against a basket of currencies.

    But if they are too stupid to understand elementary economical reasoning, let the inflation learn them elementary economics!

    The peg was stupid in the first place...
    Reply
  • commenter
    Jun 24 06:20 PM
    Weighting China in a Well-Diversified Portfolio [view article]
    What about VWO? Reply
  • commenter
    Jun 09 11:15 AM
    Broad Emerging Market ETFs [view article]
    Anyone have any info on stocks/etf's on Peru and/or Chile? Reply
  • commenter
    Jun 05 10:58 AM
    My Website
    Fundamental Analysis for Central and Eastern Europe Emerging Markets [view article]
    To Vlada:

    "You hardly find ETF or fund for Eastern Europe without Russian assets"

    That's the problem. I'd gladly invest into Eastern Europe without Russia. No such luck though...
    Reply