SubscribeAll Posts Tagged With: "profit tax"
Emerging Markets – Especially BRIC Economies – “Bottomingâ€
Emerging markets investors have always had famed investor Jim Rogers on their side. Now – after the bubbles of China, India, Latin America and more have popped – they can take comfort in the word of investor Mark Mobius, who said emerging markets are “bottoming” en route to a bull phase in 2009.
In a recent interview with Bloomberg Television, Mobius said there are “terrific bargains all over the place” and his biggest holdings are in Asia, adding that he is “aggressively” purchasing Chinese stocks.
Emerging market stocks have nosedived this year at a much faster pace than indices from larger,…
29Dec2008 | Money Morning | 0 comments | Continued
Loading ...
