Emerging markets: don't believe the all-consuming hype yet

Western markets are dead. Invest in emerging markets. The fall of the US empire is upon us. Europe is a political mess.

14th September, 2013

Western markets are dead. Invest in emerging markets. The fall of the US empire is upon us. Europe is a political mess. Japan is where investors go to lose money. You need to invest in the Bric (Brazil, Russia, India and China) markets for the next decade. This is all conventional wisdom but it has been painfully wrong for the past couple of years.

Weakness in emerging economies has been especially pronounced in recent weeks...

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