Russia

TRB in the Financial Times Talking BRIC

I just got around to reading and digesting Gillian Tett‘s phenomenal recounting of the BRIC saga from the Financial Times this past Friday.  Tett does a great job getting to the origins of where the research team got its idea to conceptualize the investment theme and then traces its global spread from finance to consumer…

Hot Links: The Russians Are Coming…With Checkbooks

Stuff I’m Reading… American companies are paying the highest M&A premiums on record, does that mean stocks are still cheap?  (Bloomberg) Hedgie David Tepper looks to bank $7 billion in ’09 profits for his Appaloosa Fund.  (DealBook) The strong dollar trend that began on December 4th is becoming definitive.  (ResearchReloaded) Investing in American startups is…

The Biggest Market Call of the Decade

Yes, I’m about to give props to Goldman.  Deal with it. The single biggest, most profitable market call of the last decade was made in 2001 by economist Jim O’Neill, then working at none other than Goldman Sachs.  The call was made in Global Economics Paper #66 aka “Building Better Global Economic BRICs” and it…

Vitaliy Katsenelson on the Propaganda of Michael Moore

When you get a chance, run on over to Zero Hedge to read about a true capitalism love story, from an ex-resident of the Soviet Union who now runs money professionally here in the US and is a hell of a writer. From Zero Hedge: (This) past weekend Americans voluntarily spent a few million dollars to…

Emerging Idol: Auditions for BRIC Without the "R"

It may be time to hold auditions to find a replacement for Russia in the BRIC countries. The other day, the New York Times dropped this delightful little nugget on those believing that Russia is a suitable place to invest: Russia’s Kemerovo region has notified ArcelorMittal that it will seize two of the world’s largest steel maker’s…

Market Recap: Dollar Does the Warrior's Dance

  [vodpod id=Groupvideo.2726984&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA the Firestarter, here with today’s Market Recap… Let me get this straight…a Russian minister makes an offhand comment about how the US Dollar probably won’t lose it’s reserve currency status anytime soon and the entire market nosedives?  I guess we really are being led around by the commodities…it hadn’t…

Bail-ski: A Toast to the Russian Oligarchs, They're Gonna Need It

    Forbes Russia just put out its 100 Wealthiest Russians lists and in the spirit of Glasnost, I thought I’d open up the discussion here. The numbers are out and the news is uglier than that thing on Gorbachev‘s head for Russia’s billionaire oligarch class… From Forbes Russia via The Guardian UK: The number…