By Horacio Marquez
Contributing Writer
Money Morning
The “right” Latin America will thrive in the New Year, fueled by ts own growth – with an assist from the continued hot growth from China – while the “wrong” Latin America will get left behind.
The second phase of emerging markets expansion is well on its way – a period of [...]
By Horacio Marquez
Contributing Editor
Money Morning
With BHP Billiton Ltd. (NYSE ADR: BHP), it’s a case of the strong getting stronger and possibly even running away from the pack.
Back in 2001, BHP Ltd. and Billiton PLC merged to form BHP Billiton Ltd., the world’s
leading diversified resources group. And it never looked back.
Now, the lowest-cost natural-resources producer with [...]
By Horacio Marquez
Contributing Editor
Money Morning
In an appearance on NBC’s “Meet the Press” on Sunday,
Wal-Mart Stores Inc. (NYSE: WMT) Chief Executive Officer H. Lee Scott Jr. said the recession is changing consumer-buying habits.
What Scott didn’t say is that Wal-Mart is perfectly positioned to capitalize on those changes.
“The No.1 issue today is [consumers'] concern about their job,” [...]
By Horacio Marquez
Contributing Editor
Money Morning
There is no doubt that the global economic environment presents a very bleak outlook. The National Bureau of Economic Research (NBER) last week announced that the U.S. economy has been in a recession since last December – [...]
By Horacio Marquez
Contributing Editor
Money Morning/The Money Map Report
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but [...]