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Emerging Market Links + The Week Ahead (May 30, 2022)
Why Ukraine-Russia are so fertile (understanding Mollisols), Colombia elections, China leadership paralysis, EM default risks rise and the week ahead for emerging markets.
After Sunday's first round of voting, Colombia's next president will be a choice between a former leftist rebel Gustavo Petro (a former mayor of the capital Bogotá as well as an ex-militant) and Rodolfo Hernández, 77-year-old populist construction magnate who the media has dubbed the country's Trump. Mr Hernández and Mr Petro will face off in the second round on 19 June. There is an updated list of Colombian ADRs (plus other resources for investing in the country) here and ETFs here.
Meanwhile in China, rumor has it that the country is itself gripped by "discord" at the very top level, with president Xi and premier Li on opposite sides of the the "zero covid" ring. Finally, a growing number of emerging markets are carrying high repayment risk and thus have the potential to default.
Check out our emerging market ETF lists, ADR lists and closed-end fund lists (also see our site map + list update status as the lists are still being updated as of May 2022) along with our general EM investing tips / advice. All links to emerging market newspapers, investment firms, blogs and other helpful investing resources at the bottom of www.emergingmarketskeptic.com or on the menu under Resources have been update.
$ = behind a paywall
Colombia - Hernández Surges (Latin America Risk Report Substack)
The right-wing populist former mayor of Bucaramanga has risen in the polls and could upend the race.
This apparent dilemma has led to paralysis within a nation normally hailed for speedy implementation of orders from above, Bloomberg reports, citing eight unnamed senior local government officials.
"Nearly half of the (52) country sample is classified as carrying high repayment risk in our assessment. Of these, eight are at risk of reserve depletion by the end of 2023, signalling high default risks. These are Sri Lanka, Maldives, Bahamas, Belize, Senegal, Rwanda, Grenada, and Ethiopia."
Black Gold: It's not what you think... (The Right People Telegram Channel)
The most fertile soils for cultivation are generally known as Mollisols, which occupy 7% of the ice-free surface of the Earth.
MANY INTERESTING CHARTS:
Note: Investing.com has a full calendar for most global exchanges BUT you may need an Investing.com account, then hit “Filter,” and select the countries you wish to see company earnings from. Otherwise, purple (below) are upcoming earnings for US listed international stocks (Finviz.com):
Click here for a full weekly calendar from Investing.com (my filter excludes USA, Canada, EU, Australia & NZ). Some frontier and emerging market highlights:
Frontier and emerging market highlights (from IFES’s Election Guide calendar):
We are a blank check company. It is our intention to pursue prospective targets that are in the technology, Internet and consumer sectors. We will look for companies with established brands, stable cash flow and readiness to access capital markets. In addition, we want to find companies that are truly technology driven and have strong industry competencies. (Incorporated in the Cayman Islands)
We will not pursue a target company or a business combination with any company or business in China, Hong Kong and Macau.
Our CEO Yoann Delwarde is the co-founder and CEO of Infinity Growth, a company that has helped nearly 25 companies from dozens of industries in seven countries increase their sales globally. Mr. Delwarde, who is from France, has many years of experience working in France and China.
Climate change and ESG are clearly the latest flavors of the month for most new ETFs. Nevertheless, here are some new frontier and emerging market focused ETFs:
4/21/2022 - FlexShares ESG & Climate Emerging Markets Core Index Fund FEEM - Passive, equity, ESG
4/6/2022 - India Internet & Ecommerce ETF INQQ - Passive, equity, thematic
2/17/2022 - VanEck Digital India ETF DGIN - Passive, India market, thematic
2/17/2022 - Goldman Sachs Access Emerging Markets USD Bond ETF GEMD - Passive, fixed income, emerging markets
1/27/2022 - iShares MSCI China Multisector Tech ETF TCHI - Passive, China, technology
1/11/2022 - Simplify Emerging Markets PLUS Downside Convexity ETF EMGD - Active, equity, options strategy
1/11/2022 - SPDR Bloomberg SASB Emerging Markets ESG Select ETF REMG - Passive, equity, ESG
Frontier and emerging market highlights:
5/3/2022 - ProShares Short Term USD Emerging Markets Bond ETF EMSH
4/7/2022 - DeltaShares S&P EM 100 & Managed Risk ETF DMRE
3/11/2022 - Direxion Daily Russia Bull 2X Shares RUSL
1/27/2022 - Legg Mason Global Infrastructure ETF INFR
1/14/2022 - Direxion Daily Latin America Bull 2X Shares LBJ
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Emerging Market Links + The Week Ahead (May 30, 2022) was also published on our website under the Newsletter category.