The West is only half the way through a 20-year secular downturn that will not end until the children of the US baby boomers begin to flex their financial muscle in about 10 years time, according to Robin Griffiths, a technical strategist at Cazenove Capital.
The Indian firm is not the first microlender to go public but there has long been debate over whether social enterprises should be turned into giant commercial operations., reports The New York Times.
This stock has struggled as of late, but Cramer thinks it will rebound.
The Indian rupee joined the U.S. dollar, the British pound, the euro and the Japanese yen on Thursday when it got its very own symbol. The NYT reports.
Here's what analysts are saying about the rest of 2010.
Counterfeiters have created an international, multi-billion-dollar industry by making cheap imitations of designer goods and selling them for a fraction of the price.
While this company may traffic in sanitizers that use artificial ingredients, it has only just begun to tap its real organic growth potential in markets like China, India, and Africa. If it can catch on there, the stock should soar.
Cramer lists the stocks with “jaw-droppingly low valuations.”
Chairman and CEO of IMG, the largest sports management business in the world, on the financial crisis and investing in the global marketplace.
The summer rally in the FTSE-100 has started early but investors should be wary of an autumn slump of around 15 percent, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
We may be psyching ourselves right out of a robust recovery, says CNBC's Dennis Kneale.
Get Cramer's favorite trades in banking, infrastructure and wireless communication on the Subcontinent.
Some have their concerns, but Cramer thinks the negativity is overblown.
Highly-correlated global markets will likely continue to correct until October, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC on Monday. But there is a very good chance of a mid-summer rally within the correction, he added.
The increase in consumer demand in Asia will keep the market for Potash’s products strong, CEO Bill Doyle told CNBC Wednesday.
India's largest business newspaper reports today that Warren Buffett is "keen on acquiring a majority stake in a state-owned general insurance company," but current rules limit foreign ownership. The Business Standard, quoting sources involved in the planning of Buffett's visit to India next March, says he will "take up the issue" with the government during the trip.
Warren Buffett is defending Goldman Sachs before shareholders at the Berkshire Hathaway annual meeting in Omaha, saying, "It's hard for me to get terribly sympathetic" with the alleged victim in the SEC's case against the Wall Street giant. Buffett also says "we love" Berkshire's investment in Goldman.
The theme among earnings reports by three consumer powerhouses is that the global recovery continues and the most impressive growth is in emerging markets.
The world economy is clearly in a V-shaped recovery and those talking up a double dip recession are way off the mark, Jim O'Neill, the head of global economic research at Goldman Sachs, told CNBC.com.
Israel perhaps has more to gain than anyone else from going clean and green. Right now, Israel is almost fully dependent on fossil fuels that pollute the country. Israel still gets its oil from secondary sources, because Arab nations won't sell to Israel directly.