Archive for October, 2009

Olympics as an Investment Theme

Monday, October 5th, 2009

I forgot to mention this in Friday’s dispatch.  Get ready to hear a bunch of investment ideas based on Brazil’s 2016 hosting of the Olympics.  They’ll go something like this. 

  • Buy EWZ, the iShares ETF for Brazil.  The country’s going to be hot, hot, hot.
  • Buy Vale (same ticker), the Brazilian iron ore miner, because the country will need to build all sorts of infrastructure
  • Buy Cemex (CX), the Mexican cement company for the same reason.
  • Etc.

The folks at Roubini Global Economics estimate that Brazil will spend “$11 billion to host the Summer Olympics.”  They go on to say that those funds, “may increase the prestige of the city, as well as provide a boost to tourism and investment. But several studies suggest that the benefits of Olympic glory may not be worth the costs. Much of the investment goes to infrastructure.”

Invest away.


Weekly Recap & Outlook – 10.02.09

Friday, October 2nd, 2009

Tower Private Advisors


  •  Lost one this week
  • Very brief dispatch

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