Where the Buys Are
Emerging markets are cheaper than their developed counterparts with far more growth. Earnings for the MSCI Emerging Markets index are expected to grow at 15% over the long term, versus 12% for MSCI World index.
|Comments: Latin America’s economic dynamo selling at relatively low valuation.|
|Comments: Concerns of hard-landing for economy could be priced into stocks.|
|Comments: Should benefit if oil stabilizes, and very cheap.|
|Comments: Some analysts expect 2011 GDP to grow a sturdy 5%.|
|Comments: Reasonably valued, big commodity exporter.|
|Comments: One of worst-performing markets this year but GDP still growing strong.|
|MSCI Emerging Markets||41,204.16||-14.5||-4.6||1.1||12.6||N/A||1.9|
|Comments: Impressive GDP growth, well-run economy merit premium valuation.|
|*Annualzed. **Estimated.||Sources: Bloomberg; MSCI|
China, Brazil and South Korea, it bears noting, are among the biggest and most liquid markets in the developing world.
It’s Time to Buy
CHRISTOPHER C. WILLIAMS
Barron’s AUGUST 20, 2011
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.