Cemex S.A.B. De C.V.
Will Banco de Mexico Follow the Fed in Raising Rates in 2016?
Since the rate hike by the Fed in December 2015, Banco de Mexico has raised rates three times totaling 125 basis points.
The Epiphany FFV Latin America Fund Class A (ELAAX): Must-Knows
The Epiphany FFV Latin America Fund Class A (ELAAX) is offered by Epiphany Funds with Trinity Fiduciary Partners serving as the investment advisor.
Latin America-Focused Mutual Funds: Outlook after September 2015
The Latin America-focused mutual funds that have a lion’s share of their assets invested in companies from Mexico did better than those invested in Brazil.
How Mexican Markets Are Rolling with Trump’s Anti-Trade Rhetoric
Markets seem to have overcome Trump’s anti-trade rhetoric by this point in 2017, given the lost confidence in Trump’s ability to implement his promises.
Business overview: The cement industry
Cement is classified into various categories based on its composition and specific end uses. Cement is classified as either portland, blended, or specialty cement. Investors can access the cement industry through the Vanguard FTSE Emerging Markets ETF (VWO).
Must-know: Cement’s final manufacturing process
The blend is heated in a rotary kiln. Gas, oil, or pulverized coal are used to ignite the flame at one end of the kiln. The clinker from the kiln passes into a cooler, where convective airflow cools the clinker for subsequent handling and grinding.
Mexican Peso’s Fortunes Are Linked to the US Dollar
The Mexican peso and US dollar are interconnected. Due to bullish forecasts in the US dollar, there are high expectations for the Mexican peso in 2016.
Illiquidity Won’t Influence SPHIX Immediately
SPHIX isn’t under the threat of illiquidity immediately. Given its N-Q filing, even if liquidity dried up more, it wouldn’t be in trouble.
Mexican Peso Fell despite Positive Domestic Data
The Mexican peso fell against the US dollar on December 21, 2015. It fell even though October’s retail sales were close to the consensus forecasts.
The BlackRock Latin America Inv A (MDLTX): Must-Knows
The BlackRock Latin America Fund – A (MDLTX) is offered by BlackRock. The fund seeks long-term growth of capital by investing “primarily in Latin American equity and debt securities.”
Why Top Stocks Hurt the BlackRock Latin America Inv A (MDLTX) in August 2015
The BlackRock Latin America Fund – A (MDLTX) fell 9.2% in August 2015 from a month ago—putting its performance in the middle of a pack of eight funds in this review.
Must-know: Factors that influence the cement industry
The cement industry is highly affected by regulatory norms. This is prominent in developed countries where environmental issues are more stringent. This adds to the companies’ costs.
Must-know: Cement industry drivers and indicators
An increased focus on infrastructure development increases cement demand. This effect is prominent in emerging economies. A substantial portion of this demand comes from infrastructure projects. The projects are funded by the government.
Must-know: The cost elements of cement
The cement industry relies on power. Power and fuel costs account for ~30% of the price of cement when it’s sold. As a result, power and fuel have a major impact on the company’s operating expenditure.
Must-know: Cement preparation
The company takes a sample of the limestone at various levels in the form of steps. The steps are called benches. The benches determine the quality assurance. Since quality varies, the bench compares it with the standard that’s required. This is called limestone benching.