From Invesco: We’ve all seen the news reports – lines for food and basic staples that stretch for blocks, increasing violent crime, kidnappings and corruption are making day-to-day life in Venezuela a real struggle.
The 7th largest economy on the entire planet is completely imploding. I have written previously about the economic depression that is plaguing Brazil, but since my last article it has gotten much, much worse.
Most nations in South America are either already experiencing an economic recession or are right on the verge of one.
INDEXDJX:.DJI, NYSEARCA:GLD, NYSEARCA:EEM, NYSEARCA:VWO
INDEXDJX:.DJI. NYSEARCA:VTI, NYSEARCA:DDM, NYSEARCA:DOG, NYSEARCA:DIA
NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:AGQ
NYSEARCA:GML, NYSEARCA:ILF, NYSEARCA:GXG, NYSEARCA:ECH, NYSEARCA:COLX, NYSEARCA:EPU, NYSEARCA:ILF, NYSEARCA:GML, NYSE:PVD, NYSE:BCH, NYSE:EC, NYSE:BVN
NYSEARCA:GXG, NYSEARCA:ECH, NYSEARCA:EWZ, NYSEARCA:EPU, NYSEARCA:ARGT
NYSEArca:GXG, NYSEArca:EWZ, NYSEArca:FXI, NYSEArca:EWW, NYSEArca:USO, NYSE:EC
NYSE:GLD, NYSE:IAU, NYSE:SLV, NYSE:GDX, NYSE:AGQ
NYSE:EPU, NYSE:AND, NYSE:EWZ, NYSE:EEM
NYSE:BONO, NYSE:AGG, NYSE:EMLC, NYSE:ALD, NYSE:SHY, NYSE:IEF, NYSE:TLT
Martin Hutchinson: Late last year, as part of Money Morning‘s “Outlook 2011” economic-forecast series, I suggested investing in emerging markets that were relatively cheaply priced