Posted by: Roben Farzad on December 11, 2006
Emerging markets are up an average of 26% in dollar terms this year thanks to crazy-high gains from the Brazil-Russia-India-China (BRIC) neck of the woods and secondary / tertiary destinations like Peru (up 163%), Poland (up 66%) and Vietnam, whose ironically christened Ho Chi Minh Stock Index has surged 140%. Who said capitalism and communism can’t jibe?
I discuss it all with our top international editor, Christopher Power, in BW’s Dec 8 global outlook podcast of the week.
Click here to download the mp3