Emerging markets get more attractive by the day

<i>Breakfast with Benjamin:</i> Emerging markets getting more and more attractive. Plus: Bill Gross bounces back, the February buying opportunity, this isn't 1929, and Goldman manicures an apology for giving nail files to women.

FEB 21, 2014

By Jeff Benjamin

Currency speculators are pouncing on emerging economies, putting added pressure on exchange rates. Call it the painful byproduct of Fed tapering. Draining foreign reserves
Templeton's Mark Mobius says emerging market valuations are nearing attractive ranges. That's a big switch from his Feb. 7 call. The rush to the exits is almost over
Pimco's Bill Gross added high-grade government bonds to his Total Return Fund and cranked out a 1.35% gain in January, bouncing back from a 1.92% loss last year. Net redemptions continue
Thanks to January's market slide, February has turned into a buying opportunity. Shrugging off the bad news
About that ominous chart comparing 1929 to now. Adjusting for percentage gains over both periods makes it a lot less scary. The un-parallel view
Goldman Sachs learns you don't recruit women by giving them nail files. Swag snafu

Former Wells Fargo exec Brendan Krebs emerges at PNC

The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a similar role at a rival firm.