emerging markets

Emerging Trouble for BRICs

In such a time of global financial instability, why might the People’s Bank of China, for the first time in six years, decreased its benchmark lending rate by 27 basis points to 7.2%? In addition to the more immediate steps the...

Emerging markets taking off – John Waggoner

From the USA Today (link): Emerging markets built big gains from BRIC this year ” Brazil, Russia, India and China. The average emerging markets fund gained 12.6% in the first three months of 2006. The BRIC countries have done even better, especially when translated into U.S. dollars. “We’re big believers in the BRIC story,” says […]

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