Fast Money Recap: Miami Advice

Word On The StreetWORD ON THE STREET VIDEOMiami: Latin America GatewayLatin money was the focus on the show tonight and this comes through the Miami. This is the bridge to one of the best investment opportunities on the planet right now. The developing world needs oil, ethanol and food. Companies like Brazil’s Petrobras (PBR) and Argentina’s Tenaris (TS) have the oil that is needed. Look at Latin American banks says Seymour. Banco Itau (ITU) or Banco Bradesco (BBD). You can also look to Bancolombia (CIB). Another play is Vale (RIO) or PBR for commodities. Macke is more skeptical, he does not see strength staying in emerging markets with the U.S. economy having so much weakness….
Original Source

  2 March, 2008| Economy | @ 20:27

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