Institutional Investor (July 18)
“The cyclically adjusted price-to-earnings ratio for emerging market equities is 15x, compared to 27x for those in developed markets and 34x for those in the U.S.” At just above 10x, “China is trading at a significant discount,” but investors can also easily “steer clear of China.” Other emerging market opportunities “worth considering” include Korea, Brazil, Malaysia, Hungary, Thailand, Mexico, and much of Latin America where P/E ratios range from 10x to 25x.
Tags: Brazil, China, Cyclically adjusted, Developed markets, Discount, Emerging markets, Equities, Hungary, Investors, Korea, Malaysia, Mexico, P/E ratio, Thailand
Mercury News (May 12)
“From Mexico to far-flung Argentina, thousands of Latin Americans are booking flights to the United States to take advantage of one of the world’s most successful vaccination campaigns, as rollouts in their own countries sputter.” The increased demand is evident. “Flight prices from Mexico to the United States have risen an average of 30%-40% since mid-March.”
Tags: Argentina, Boomed, Campaign, Demand, Flight prices, Flights, Latin America, Mexico, Rollouts, Sputter, U.S., Vaccination
Forbes (October 28)
“Amid a global slowdown in economic growth that has seen central banks lower interest rates near zero or below in an effort to provide stimulus,” a number of “major economies are on high recession alert.” These include Hong Kong, the U.K., Germany, Italy and China. “Other highly stressed economies around the world include Turkey, Argentina, Iran, Mexico and Brazil.”
Tags: Argentina, Brazil, Central banks, China, Economic growth, Germany, Global slowdown, Hong Kong, Interest rates, Iran, Italy, Mexico, Recession, Stimulus, Stressed, Turkey, U.K.
Inc (May Issue)
“Images of sea creatures ensnared by plastic six-pack rings are a common source of environmental anguish. They also provided inspiration for the Mexico City-based startup E6PR,” which stands for eco six-pack ring and is made with natural fibers. “Those natural fibers not only make it compostable, but sea animals can eat it as well without suffering any ill effects. And, unlike plastic six-pack rings, which last for decades, E6PR’s naturally disintegrate.” The revolutionary product is already getting take up from “leading Mexican brewer Corona” and “craft breweries in the U.S., Australia, Poland, Scotland, and South Africa.”
Tags: Australia, Compostable, Corona, E6PR, Ensnared, Mexico, Natural fibers, Plastic, Poland, Scotland, Sea creatures, Six-pack rings, South Africa, U.S.
Chicago Tribune (April 5)
“Trump is terrible at making deals. His threat to close the U.S.-Mexico border offers the latest example…. Trump tried to get Mexico to pay for his cherished wall and failed. He tried to get Congress to provide $5.7 billion to construct it and failed despite putting the country through a 35-day government shutdown.” The President “is good at making demands and issuing threats, but those are useful only if you know how to bargain and compromise. He fails at making deals because he has never learned that in negotiations, as in war, the other side gets a vote.”
Tags: Border, Compromise, Demands, Failed, Making deals, Mexico, Negotiations, Shutdown, Terrible, Threats, Trump, U.S., Wall
Chicago Tribune (October 30)
“The caravan of several thousand people coming north through Mexico has stirred all sorts of fears here at home…. But the actual grounds for fear are sparse.” Some won’t complete the journey. Many will apply for asylum. Only a small percentage will eventually make it into the U.S., either legally or illegally. Furthermore, “a body of evidence indicates that immigrants in general are less likely to commit crimes than native-born Americans.”
CBS News (September 7)
“The Trump administration’s trade battles with China, Canada, Mexico and other countries around the world can feel like a bewildering descent into the obscure. But you don’t have to be an expert to grasp that, in the era of globalization, a trade war upends the way countries have operated for decades.”
Tags: Administration, Bewildering, Canada, China, Globalization, Mexico, Trade war, Trump, Upends
Washington Post (June 8)
“Trump is waging a trade war in the dumbest way possible.” In the best of times, “trade wars are neither good nor easy to win…. Every side loses, experiencing lost jobs, crippled businesses and higher prices for consumers.” Trumps tariffs are now estimated to result in 16 lost U.S. jobs for every job gained in the aluminum/steel industry: a painful, self-inflicted wound. Moreover, the counterpunches of our trading partners “are likely to draw more blood.” With the “already announced $40 billion worth of retaliatory tariffs on U.S.-made products,” Canada, the EU, Mexico, Russia, India, Japan and Turkey have “fine-tuned the art of minimizing their own pain — and maximizing ours.”
Tags: Aluminum. Steel, Businesses, Canada, Consumers, Counterpunches, Dumbest, EU, India, Japan, Lost jobs, Mexico, Prices, Russia, Tariffs, Trade war, Trading partners, Trump, Turkey, U.S.
Washington Examiner (June 1)
“With President Trump’s incredibly foolhardy decision Thursday to impose tariffs on steel and aluminum from Canada, Mexico, and the European Union, the probability grows of an economic crash this fall.”
Washington Post (December 7)
Moving the embassy to Jerusalem could have been used “as a leverage for peace.” Instead, Donald Trump “used it to smash crockery in the region,” which “pretty well summarizes the Trump Doctrine.” Any so called successes “have been things Trump has undone (the Paris climate accord, the Trans-Pacific Partnership) or is in the process of undoing (the Iran nuclear deal, NAFTA). Relations have soured with Britain, continental Europe and countries from Mexico to Australia.” Meanwhile, Russia is gaining power and “the terrorist threat is decentralizing rather than dissipating.”
Tags: Australia, Crockery, Embassy, Europe, Iran nuclear deal, Jerusalem, Leverage, Mexico, Nafta, Paris climate accord, Peace, Russia, Smash, Terrorist threat, TPP, Trump, UK
