The crew over at Wall Street Cheat Sheet posted a quick interview they conducted with Jim Rogers. There was one line in there that really resonated with me and was something new (to me anyway) in terms of his usual message. More like an addition to his usual message.

Prior Posts in This Series:

Breaking Discipline and Sound Trading Practice

Planning and Executing Trades in the Real World

Many trading problems--and misunderstandings--result from a confusion between trading strategy and trading tactics.

For the past few months, all eyes have been on Greece and Dubai as the two countries struggle to deal with a growing debt crisis. Fears of insolvency have abated somewhat with recent, but vague, promises of support from other EU nations in the case of Greece, and the delivery of a massive bailout to Dubai from fellow United Arab Emirates nation, Abu Dhabi.

This new-found confidence has helped push emerging-market stocks to a six-week high. Commodities have also rebounded with a corresponding increase in the currencies of those nations exporting oil and metals.

Since most emerging market economies and financial markets are fairly small, their currencies are subject to the whims of international investors, moreso than is the case with major currencies. For that reason, when I research emerging market currencies as a whole, I often like to focus on what investors are saying are saying about their stocks and bonds.

The title as a nod to one of my wife's favorite shows; Top Chef. Padma is ok too.

IndexUniverse reported that Van Eck has filed for a non-dollar denominated emerging market bond fund. There are two EM bond ETFs that I am aware of and both own dollar denominated bonds which makes them less than ideal but this new one has potential to be useful. We'll see when it comes out.