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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • February 14, 2011 11:45 AM UTC by Cheryl Casone

    Best Guess: Egyptian Markets

    As the tension in Egypt calms down but doesn’t dissipate, I feel it’s a good time to have some real discussions about the risks and rewards of investing in emerging markets. Today’s show has a great lineup, including Ashley Webster who just landed from Cairo and will be joining us today at 12ET, but also I’ve got David Grayson of Grayson Auerbach on set with Ashley to talk about the opportunities and the pitfalls of investing in the Middle East. Saudi, Israel, etc are up today, and many of the largest corporate names in Egypt that trade in London are higher as a result, despite the fact that Egypt’s stock market remains closed for trading until next week.

    I feel it bears mentioning that I’ve always had an affinity for Emerging Market indexes, but is there opportunity in the Middle East, or should U.S. investors be cautious? See you on TV….

    CC

    Best Guess…..

    1/24

    JOHN LAYFIELD:
    Mountain Pass mine and Lynas mine can produce 60,000 tons of rare earths-China only exported just under 40,000 tons in 2010. These two companies-MCP and Lynas-can produce 60,000 tons-there will be a rare earth glut in the market by 2015. MCP will be one of few winners but is fully valued here in my opinion.

    LIZ MACDONALD:
    Despite the fact the president’s rising approval ratings-a further bump up after the State of the Union–GOP lawmakers will continue on their course of enacting their own legislative Stuxnet to defund and curtail health reform’s most economically pernicious elements. But their moves won’t cause reform overall to spin out of control and go kerflooey in the process.

    CHERYL:
    The revelation that Oprah Winfrey has a sister will boost the ratings of her show this Spring, which was already expected to show record numbers. On the down side, the year over year comparisons for ABC stations that mostly carry her show, will suffer in Spring 2012 and it will hurt the Disney company.

    1/25

    TODD SHOENBERGER:
    Facebook is now the ultimate marriage killer, as it represents the tell-tale virtual lipstick on the collar. According to the American Academy of Matrimonial Lawyers, one in every five divorces is represented by one/both spouse(s) caught cheating on Facebook. My best guess is the divorce rate in this country will continue to rise as a result of social networking, thus pushing more onto state-dependent roles. According to the Census Bureau, 21% of recently divorced women and 9% of men fell into poverty soon after divorce.

    SANDRA SMITH:
    We will close above 12K in the Dow this week

    CHERYL:
    The US dental community will be taken by storm with LED lights for the TEETH. Teenagers are going to go nuts in this country.

    1/26
    ROB MORGAN:
    The Fed Chairman lately has said the there is evidence of a self-sustaining recovery in business and consumer spending and the last Fed statement does not reflect this. My best guess is we see that change today

    GREGG JARRETT:
    THE PRESIDENT’S S-O-T-U… IS AN OPPORTUNITY LOST. THE CUTS HE PROPOSES ARE INSIGNIFICANT. UNLESS CHANGES ARE MADE TO ENTITLEMENT PROGRAMS… AND UNLESS THE GOVERNMENT STOPS SPENDING… WE’LL END UP LIKE GREECE AND IRELAND.

    CHERYL:
    Eagles Michael Vick will sign a major endorsement deal this year

    1/27

    MATT VETTO:
    despite high prices (and nasty weather), airline industry profits will surprise to the upside in 2011

    KELLY EVANS:
    Dow 12,000 is much closer to the top than the bottom of this market

    CHERYL:
    My Best Guess is that the situation in Egypt spreads to Yemen and this further works to de-stabilize those markets. The Egypt market has usually been a good barometer for other Asian markets, and with the consumer emerging in these countries, it could easily put extra pressure on global markets.

Mike Bouck

Is this really a serious question? The U.S. government is creating it's on supply of fictitious assets, looting them for political gain then trying to sound genuine about fixing it. Of course it's not even close to enough.

February 14, 2011 at 1:37 pm

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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