Although everyone has been led to believe by the same economists (who could not predict the crisis in the first place) that we are out of the woods, though some still do remain skeptical. The ones who remain skeptical are the same perma bears who have been skeptical since beginning of the year, 2009. You may however, be very surprised to note that while economists, pundits and investors alike have been skeptical of the recovery, however, some investments have generated phenomenal returns. These profitable returns have, in fact, come from the BRIC nations, where Latin America has generated over 100% returns in the period Jan-Oct 09 (YTD), India has generated over 80-100%, while China has generated over 50-60%. Europe and US have generated positive returns too, in the range of 40-50% in Europe and 20-30% in the US. Additionally, investors who invested in Energy and Global Emerging Markets combined also made profits of 20-30% in Energy and 50%-60% in Global Emerging Market investments. Asia was another important region where investors profited from 50%-60% returns this year. . . . . more
Friday, October 30, 2009
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