Emerging Markets will dominate the world. Or will they? And if they do, what will this mean? And if they don’t, what will stop them? This week, on Business Monitor Online and in our weekly Emerging Markets Monitor magazine, we are running a special feature on the future of Emerging Markets. True, we write about… [Read more]
The United Nations has published its latest population forecasts for the world from now to 2100. The accompanying press release is worth reading, and the online database has been updated accordingly. Of note, the UN sees the world population rising to 10.1bn in 2100, with Africa’s population more than tripling to 3.6bn over the next… [Read more]
Helped by a 25bps hike in eurozone interest rates to 1.25% on Thursday, the euro has broken through US$1.4300/EUR to trade at a 14-month high of US$1.4441/EUR at one stage on April 8, in line with BMI’s bullish view of the currency. In fact, my colleagues and I envisage further short-term gains to our upside… [Read more]
Today in Business Monitor Online, and in this week’s Emerging Markets Monitor (EMM) magazine, my colleagues and I outline our latest views of the BRIC (Brazil, Russia, India, and China) economies. The BRIC countries remain among our top growth picks over the long run, and we forecast real GDP expansion to average in excess of… [Read more]
Regular readers of Riskwatchdog, Business Monitor Online, and the weekly Emerging Markets Monitor (EMM) magazine will recall that BMI has been promoting a view of developed-world equity market outperformance over their emerging markets counterparts. One way to proxy this equity view (‘DM over EM’) is by looking at the ratio of the MSCI World index… [Read more]
While my colleagues at Business Monitor believe developed-state equity markets will outperform EM equities in 2011, they still believe it is still too early to call the end of the EM equity rally, and I tend to agree with them. True, many Latin American bourses look expensive, and this contrasts starkly to developed states, where… [Read more]
2011 is brewing up to be a big year for political risk in emerging markets. Underlying much of the risk is food and energy prices, with rising inflation likely to catalyse public discontent, especially in countries with existing social strains. Nowhere is this more evident than in the Middle East, where the collapse of the… [Read more]
