Emerging Markets Archive
Emerging markets represent the biggest growth opportunity of our lifetime. Brazil, Russia, India and China (the BRICs) will account for 25% of global GDP in 2011, up from 11% in 1990. And by 2050, that figure will rise to 40%, according to Goldman Sachs (NYSE: GS). Also, consider that public debt in industrialized countries is over 90% of GDP – and is projected to increase dramatically to almost 110% of GDP in the next five years, according to the IMF. By contrast, in emerging markets, public debt is equal to just 38% of GDP and projected to decrease to 34% over the same period of time. You simply can’t pass on this historic profit opportunity.
On Monday, the Dow closed at a new all-time high. That’s the 35th time it’s pulled off such a feat this year. While I’ll take soaring prices over slumping ones any day of the week, it does make finding bargains… More »
Let the great debate over whether or not the U.S. stock market is getting frothy begin! Speaking at a recent conference in Chicago, longtime bull and BlackRock (BLK) CEO, Larry Fink, believes that we’re seeing “real bubble-like markets again.” Meanwhile,… More »