Share to Twitter Share to Linkedin Every market selloff presents opportunities. The iShares Emerging Markets ETF EEM is down -17% year-to-date. Even though Emerging Markets are notoriously volatile, this region is attractive due to its outsized growth potential. According to Lazard Asset Management , Emerging Market (EM) economies are responsible for about 60% of global growth, yet only represent about 13% of the MSCI All Country World Index ACWI . This gap won’t disappear overnight, but it bodes well for EM’s long-term investment prospects. EM has faster economic growth due to relatively attractive demographics and ongoing urbanization. If you’re a long-term investor, adding emerging markets exposure may also prove timely. Below is a chart of the MSCI Emerging Markets Index compared to the S&P 500 Index, expressed as a ratio. When the line is rising, it means Emerging Markets are outperforming US stocks. When the line is falling, it … [Read more...] about 3 Emerging Markets Stocks That Are Secular Winners On Sale
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How Technical Traders Apply Their Expertise To Crypto Markets
Share to Twitter Share to Linkedin Technical analysis has become a go-to strategy for many traders to build strategies and gauge market strategy. It is a broad subject, but at its core technical analysis relies on the use of charting tools and indicators to gauge market momentum and trends. This information can then be used to identify buy and sell signals, as well as getting an early sense of when market sentiment is starting to shift. However, technical analysis is not without is criticisms, especially when it comes to crypto. Indicators can be wrong, or send off conflicting signals. Additionally, crypto’s relatively short lifespan, especially beyond Bitcoin and Ethereum, provide little historical data to test strategies and assumptions. Additionally, concerns surrounding wash trading and market manipulation, although know unique to crypto, can be problematic. One of the industry leaders in providing crypto-specific technical analysis is Katie … [Read more...] about How Technical Traders Apply Their Expertise To Crypto Markets
Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
LedgerX co-founder Paul Chou is building on the sale of the company he created by raising capital for a new kind of cryptocurrency that can be spent on Earth, the Moon, Mars and beyond. I t’s just before midnight on a rainy autumn Friday. Paul Chou and his entourage dodge puddles on the runway of the Teterboro Airport in New Jersey as they board a Gulfstream private jet bound for Las Vegas. The flight attendant cracks open a bottle of champagne and with a nod welcomes the passengers aboard. The girls disappear into the back and emerge minutes later wearing sequined cocktail dresses and feather boas. Sensing she’s in for a party, the attendant offers a round of tequila shots just as the inertia from the plane taking off to the Bellagio Hotel & Casino forces her laughing into her seat. Ostensibly, Chou, 38, is celebrating not only his birthday but the sale for an undisclosed amount of LedgerX, the ground-breaking bitcoin derivatives firm he co-founded with his wife in … [Read more...] about Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
Vivriti Capital raises $30 million from TVS Capital Funds, inches closer to unicorn tag
(Representative image) Chennai-based Vivriti Capital, a lender to mid-market enterprises, has raised an additional $30 million as part of its Series C round from TVS Capital Funds, the company said on May 12. The infusion was made through TVS Capital Funds' TVS Shriram Growth Fund 3. The company already raised $55 million in the first close of its Series C funding in March, from existing investors Lightrock and Creation Investments. This infusion takes the total amount of funds raised by the company from external investors to $195 million. While the company did not reveal its exact valuation, it had said in March that the valuation has increased three times from its Series B round, and is now close to becoming a unicorn i.e. a privately held company with a valuation of $1 billion and above, as per sources close to the company. The funds will be allocated between Vivriti Capital, which is a fintech non-banking financial company (NBFC) and its subsidiary Vivriti Asset … [Read more...] about Vivriti Capital raises $30 million from TVS Capital Funds, inches closer to unicorn tag
Saudi Aramco said to weigh IPO of trading unit amid oil boom
- A + A DUBAI/LONDON (May 17): Saudi Aramco is considering an initial public offering (IPO) of its trading arm amid a boom in oil prices in what could be one of the world's biggest listings this year, according to people with knowledge of the matter. The state-controlled oil major is working with banks including Goldman Sachs Group Inc, JPMorgan Chase & Co, and Morgan Stanley as it studies a potential listing of Aramco Trading Co, the people said, asking not to be identified as the information is not public. The trading unit could fetch a valuation of tens of billions of dollars, the people said, with two of them saying it could be potentially worth more than US$30 billion. Aramco, which recently became the world's most valuable company, could sell a 30% stake in the division, two of the people said, which would make it one of the world's biggest IPOs this year. South Korea's LG Energy Solution raised about US$10.8 billion in January. Other major oil … [Read more...] about Saudi Aramco said to weigh IPO of trading unit amid oil boom
DNeX inks MoU with Foxconn unit to build and operate wafer fabrication plant in Malaysia
- A + A KUALA LUMPUR (May 17): Dagang NeXchange Bhd (DNeX) has teamed up with a unit of Taiwanese giant Hon Hai Precision Industry Co Ltd (better known as Foxconn) to build and operate a wafer fabrication plant in Malaysia. In a filing, DNeX said it has inked a memorandum of understanding (MoU) with Foxconn's wholly-owned subsidiary, Big Innovation Holdings Ltd (BIH), to set up a joint venture company for that purpose. The proposal is to build and operate a 12-inch wafer fabrication plant here, capable of producing up to 40,000 wafers per month in 28-nanometer and 40-nanometer technology. "The entry into the MoU forms a basis of commitment between the company and BIH to undertake the agreed role and responsibilities in creating a mutual understanding of the strategy and business needs between the parties," DNeX said. This will enable broader understanding for the benefits and opportunities of working with each other and create opportunities for future … [Read more...] about DNeX inks MoU with Foxconn unit to build and operate wafer fabrication plant in Malaysia