Looking for Emerging Market Yield? Consider These 3 Telecom Giants
As the turmoil in the Middle East spreads, many investors have fled a number of market sectors for the safe havens of gold and silver in order to wait out the storm. Arguably, no one sector has been more impacted than the emerging markets which have seen tremendous outflows thanks to a broad flight to quality by numerous investors around the globe. While this exodus may be warranted in some cases, one has to wonder if the sell-off has been a little overdone, impacting not only the in-focus Middle East region, but a number of markets in the Asia-Pacific corner as well as in Latin America as well. This has helped to push down emerging market PE ratios to unbelievably low levels making a great value proposition for investors willing to stick it out for the long haul. While a number of sectors, such as the consumer goods market, look... Read more