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Thursday, September 12, 2013

An Update on Those Emerging Markets

I can't count the number of articles like this one that I found during Mid - late July:


·         CHINA NEWS
·         Updated July 24, 2013, 10:59 p.m. ET

The $91 Billion Caofeidian Industrial Zone Is Mired in Debt and Unfulfilled Promise

Recently headlines like this one have been more common:this one also from the WSJ

Stronger Economic Data Point to Capital Inflows

My August 2 blog entry was entitled

Emerging Markets ...It's Not Time to Give Up

One year chart of China ETF FXI

Note the price action on both since those late july articles

and GMF: emerging asia