RIP Philo

Buy Emerging Markets?

China’s currency holdings are already the world’s largest, and they are growing rapidly because of China’s huge trade surpluses. Most of the reserves are now invested very conservatively, in United States Treasury bonds and other government securities, a strategy that helps to keep interest rates low in the United States and other developed countries but earns little profit for China.

The new agency will be able to invest some of the money more diversely and aggressively, analysts said, with the possibility of hundreds of billions of dollars put into acquiring “strategic assets” — mines, oil fields, whole companies — around world, especially in developing countries in Africa and Latin America.
Permalink bob 
March 9th, 2007 2:05pm
The year after the 'war in Afghanistan' the Afghanistan GDP growth rate was over 1,000%.

Emerging markets rawk, as long as there isn't a brutal overthrow of the government or a locust plague.
Permalink Send private email ~~~x 
March 9th, 2007 2:15pm
1000% ? nahhh. source?

how could you invest in afghaistan anyway? buy latin america.  RIO.
Permalink bob 
March 9th, 2007 2:22pm
I saw it on the CIA World Factbook a few years ago. Unfortunately they don't keep legacy data.

BAH, the IAEA says it only goes as high as 29%.

In 2004 Iraq was 52%.
Permalink Send private email ~~~x 
March 9th, 2007 2:40pm
Invest in the Taliban ...

(As it says, currently operating out of PK.)
Permalink Send private email strawberry snowflake 
March 9th, 2007 2:42pm
I think it's too late to get in on the Asian emerging markets (India & China).  My guess is that their markets are overvalued at the current time.
Permalink Send private email xampl 
March 9th, 2007 3:23pm
March 9th, 2007 3:43pm
I keep hearing about the overpriced real estate market in India, and the overheated Chinese stock market.
Permalink Send private email xampl 
March 9th, 2007 4:25pm

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