Fox Business - The Power to Prosper
Search Site

HSBC Bank

Don't Get Hit By a Falling BRIC

A credit bubble (China), inflation (Brazil), and the threat of war (Russia) have made BRICs a dangerous place to invest. Is the worst over?"BRIC" is an acronym for Brazil, Russia, India, and China that was introduced in 2001. Enthusiasm for investing in stocks from BRIC nations rose in the mid-2000s as mega-emerging markets outperformed developed stocks (NYSEARCA:EFA).Today, the BRICs (NYSEARCA:BKF) look like an oddball collection of dysfunctional countries – each with their own distinct problems.The latest HSBC Emerging Markets Index (EMI) fell for the fourth month running to 50.3 in March, from 51.1 in February and the performance of BRIC stocks is unmistakably bearish. The chart below illustrates the massive sub-par performance of the BRIC ETF versus developed international stocks.  You’ll also notice the impressive sucker’s rally by BRICs from mid-March. Sharp rallies can and do occur right within bear market patterns, often tricking victims into believing a bottom has been reached...

Read More

  1. Citi CEO: We are deeply disappointed by Fed decision

    FBN’s Jo Ling Kent on the Federal Reserve stress tests.

  2. RBS to Resubmit Capital Plan After Fed Objection

    Royal Bank of Scotland <RBS.L> said it would resubmit the capital plans for its U.S. business Citizens after it was one of three foreign banks who had plans rejected...

  3. Morning Business Outlook: 3/27/14

    Candy Crush makes its Wall Street debut

  4. Fashion Retailer H&M Leads European Markets Lower

    European stock indexes dipped lower on Thursday after a profit warning at fashion retailer Hennes & Mauritz (H&M) knocked its shares down almost 4 percentThe pan-Eur...

  5. Federal Reserve stress test qualifiers unclear?

    Sterne Agee senior research analyst Todd Hagerman on the Federal Reserve stress tests.

  6. Citi fails stress test

    Claman on Call: FBN’s Sandra Smith with an after-hours web-exclusive on the markets, the Federal Reserve stress tests, JPMorgan raising its dividend, King Digital Entertainment’s Wall Street debut and Royal Caribbean’s growth.

  7. Fed rejects capital plans for 5 banks

    FBN’s Peter Barnes on the second phase of the Federal Reserve’s stress tests.

  8. The latest term for the new class of luxury consumers

    Turkel Brands Executive Creative Director Bruce Turkel on the new marketing term ‘yummy’ for wealthy young urban males.

  9. Citi, Four Others Face Fed Rejection

    Citigroup's (NYSE:C) shares fell more than 5% in after-hours trading Wednesday after the Federal Reserve rejected the bank's capital plan, saying it "reflected a num...

  10. Fed Rejects Capital Plan Of Citi, Four Other Banks

    The Federal Reserve on Wednesday said it rejected the capital plans of Citigroup and four other lenders, and Bank of America and Goldman Sachs were forced to adjust ...

  11. Gold Bears Are Pounding the Table Again

    Source: http://www.flickr.com/photos/stephen-oung/Before the Federal Reserve's latest policy meeting, gold enjoyed an unblemished start to the new year. The precious...

  12. Dollar Up Vs. Yen, Gives Up Euro Gains

    The U.S. dollar edged higher against the yen Monday as traders appeared to shrug off further signs of slowing Chinese growth and tensions over Russia's annexation of...

  1. European Stocks Sell Off, With Weekly Losses In Sight

    European markets fell sharply Friday, driving toward weekly losses, as investors fled global stocks on valuation concerns and slowdown worries about China. The Stoxx...

  2. Europe Stocks Rise; Volkswagen Gains After Upgrade

    European stocks opened higher Wednesday, aiming for a win after two sessions of declines. The Stoxx Europe 600 was up 0.2% at 334.50, where shares of Volkswagen AG r...

  3. Citi to Shutter One-Third of its Branches in Korea

    Citigroup Inc (NYSE:C) said it will close almost one third of its branches in Korea, becoming the third global bank to trim its presence in the country in the last y...

  4. Credit Suisse Faces New U.S. Tax Probe Threat

    Credit Suisse faces the threat of a new investigation into its role in helping wealthy Americans avoid paying taxes after New York state's top financial regulator re...

  5. Asian shares mostly higher, despite mixed manufacturing data

    Business reporter Rachel Ruble on the Asian markets.

  6. China's HSBC PMI Falls For Third Month In a Row

    A closely watched monthly gauge of China's manufacturing activities fell to a final reading of 48.0 in March from 48.5 in February, marking the third consecutive mon...

  7. China's Official Manufacturing Index Rises Slightly

    LOS ANGELES The official version of a closely watched Chinese manufacturing gauge saw a small improvement in March, indicating subdued growth for the sector, accordi...

‹ Prev12345Next ›
Freebase CC-BY
Source: HSBC Bank on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL