Money Is Still Pouring Out Of Emerging Markets, Except For China [Forbes]
America Movil, S.A.B. de C.V. American Depositary Shares (each representing the right to receive twenty (20) Series B Shares (AMX)
Last america movil, s.a.b. de c.v. american depositary shares (each representing the right to receive twenty (20) series b shares earnings: 4/29 04:01 pm
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Source: Forbes
A sand sculpture of Rio de Janeiro's iconic Christ the Redeemer wearing a black mask during the new... [+]coronavirus pandemic stands on an empty Copacabana beach, Rio de Janeiro, Brazil, Monday, April 6, 2020. (AP Photo/Silvia Izquierdo)ASSOCIATED PRESSEmerging markets are always the ugly duckling in uncertain times. This global pandemic has most investors turned off by them more than ever.China may have been the global epicenter of the new SARS coronavirus, but as the No. 2 economy, it still has investors buying. They’re doing okay, thanks in part to large index weightings that position passive investors in emerging market index funds heavily into Chinese stocks.China’s counterparts — Brazil, Russia, India, South Africa and even Mexico — have not lured investors in, even on the lows.There will always be investors looking for deals in emerging markets in the middle of a sell-off and a crisis — buy low, sell high, afterall — but judging by fund flow data, the big money is willing to w
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- América Móvil, S.A.B. de C.V. (NYSE: AMX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat