Chan and the World

BRICs Priced For Economic Meltdown

The biggest emerging markets are contributing more than ever to the global economy as their proportion of the world stock market shrinks, leaving investors with the widest valuation gap in seven years. June 28 (Bloomberg) — Jim Ross, senior portfolio manager at AllianceBernstein LP, talks about European investment strategy and the inflation outlook. He speaks with Guy Johnson on Bloomberg Television’s “The Pulse.” (Source: Bloomberg) Brazil, Russia (INDEXCF), India and China, known as the BRICs, will comprise 20 percent of the world economy this year after growing more than four-fold in the past decade, International Monetary Fund data show. At…

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