Grant's: Four Unloved Emerging Market Stocks And One Bond

Looking for international bargains? Grant’s Interest Rate Observer has your back. In the August 7 issue, Grant’s takes a look at four, unloved emerging market stocks, and a Brazilian corporate bond. “Each is cheap, each has merit–each had merit even before its price was sawed in half in sympathy with the goings-on in Turkey, Greece, Brazil, Russia, South Africa, Argentina, Colombia, China etc…” — Grant’s In each case, macroeconomic problems have overwhelmed business fundamentals. But as Grant’s points out, cheap businesses are a rare commodity. If it weren’t for the macroeconomic dislocation, the value wouldn’t be there for shrewd investors…