Friday, April 25, 2014

BRICS : Emerging Economies May Hit A Thick Wall

"Of course, some of the better-managed emerging-market economies will continue to experience rapid growth and asset outperformance. But many of the Brics, along with some other emerging economies, may hit a thick wall, with growth and financial markets taking a serious beating." - in The Guardian  

Related ETFs: iShares MSCI Emerging Markets ETF (EEM), iShares MSCI Brazil Index ETF (EWZ), Market Vectors Russia ETF (RSX)

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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