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Fast Money's Inflation Safety Zone Stocks
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05.29.08Views:
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There’s no question that inflation is escalating sharply in Russia, adds Tim Seymour, Fast Money’s favorite emerging markets trader. It’s also an issue in India and South Africa where inflation reached 10.4% in April, that’s a 5-year high. However, Brazil could be a safety zone, he adds. Brazil has two things that allow it to isolate itself from inflation 1) it’s currency is up 20% year over year which gives the economy room to absorb higher prices. 2) they have “real†rates. I expect companies to continue to do well in this nation.
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They are going to have to do a split in the (TBT) soon. Simply the absolute BEST short the last years.......lol Down every single day......
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05.31.12 | 03:51 PM asked by Steven L. Goff
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