Emerging From The Shadows

There will come a time when emerging markets will have emerged. Has that time come?

In our November 23 issue, we had pointed out that “if the US market sneezes, the emerging market will have a large attack of bronchitis. Or so goes the conventional wisdom. Well, conventional wisdom may be wrong”. By saying that there was a permanent change somewhere, we may have sounded as if we were making a...

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